Business And Markets

Tehran Stocks Edge Higher

Tehran Stocks Edge Higher
Tehran Stocks Edge Higher

Tehran stocks opened trading session on Monday on a high note as tickers in broad range of both small and large caps gained.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 8,563 points or 0.75% to end trading at 1,157,205.
The TSE’s equal-weighted index was up 0.47% amid noticeable rise in demand for penny stocks. Unlike the market cap-weighted TEDPIX, equal-weighted index gives the same weight to all stocks.
Stock market experienced inflow of money by retail investors on Monday after four consecutive sessions of capital outflow. Net liquidity inflow by retail traders was 1.09 trillion rials ($4.7million) for the day.


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