Tehran stocks opened higher on Saturday extending a winning streak into the sixth day.
The benchmark of Tehran Stock Exchange, TEDPIX, closed 20,728.67 points or 1.71% higher, ending trade at 1,233,783.
TSE’s equal-weighted index too closed in positive territory for three sessions in a row, indicating that penny stocks also are in recovery phase.
While the rally swept through both small and large cap stocks, market data indicates that the latter had the upper hand as shown by more than 1.8% rise in the TSE-30 Index, which tracks the performance of top TSE-listed companies in terms of market cap.
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