Business And Markets
0

Retail Demand Lifts Shares

Retail Demand Lifts Shares
Retail Demand Lifts Shares

The share market closed Sunday trade in positive territory for the fourth session in a row boosted mainly by the rise in prices of large caps. 
The benchmark of Tehran Stock Exchange, TEDPIX, gained 17,398.43 points or 1.53% to end trading at 1,156,933. With the bourse showing cautious signs of recovery, retail investors are coming back amid noticeable improvement in the liquidity of stocks. 
Total trade on Sunday reached 87.47 trillion rials ($370 million). Retail investors contributed to 62.34 trillion rials ($265m), the highest in 45 sessions posting more than 33% rise compared to Saturday. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com