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Tehran Stocks Notch Another Gain

Tehran Stocks Notch Another Gain
Tehran Stocks Notch Another Gain

Despite mounting sell-side pressure in most share categories, Tehran stocks ended Tuesday’s session higher extending a 9-day winning streak.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 4,704.10 points or 0.38% to end trade at 1,248,516.
The TSE’s equal-weighted index posted a meager gain and closed slightly above the flatline (0.07%) as most penny stocks experienced excess supply.
Inflow of liquidity by retail traders ceased after five consecutive sessions. The value of deals by retail investors also declined 11% to reach 62.5 trillion rials ($255 million).   

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