Tehran stocks opened trading week on a high note on Saturday amid demand for shares of commodity and export-oriented companies.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 14,310 points and climbed 1.25% to end trade at 1,161,985.
This is while the TSE’s equal weighted index closed slightly above the flatline, indicating the lukewarm performance of penny stocks.
Price rise in petrochemical, refinery, bank, mineral and metal stocks pushed up the TSE-30 Index by almost 1.7%. The index tracks the performance of top 30 listed companies in terms of market cap.
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