Tehran’s stock market opened Saturday on a relatively high note making gains unseen in the past several months amid inflow of fresh liquidity by retail traders.
The main gauge of Tehran Stock Exchange, TEDPIX, gained 30,132 points to climb 2.72% closing the session at 1,139,480. It was the highest gain in at least three months.
The rally swept through most commodity stocks triggered by upsurge in the currency market, which often impacts the performance of export companies.
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