Tehran Stocks Back in Demand

Tehran’s share market made one of the biggest advances on Tuesday rising for two sessions in a row as demand for most commodity shares remained high.
The main gauge of Tehran Stock Exchange, TEDPIX, gained 26,569.10 points or 2.12% to end trade at 1,218,130. Recovering from a two-session correction phase, the TEDPIX made the biggest daily gain in the past 26 trading sessions.
The TSE-30 Index jumped 2.7% as a broad range of large cap stocks experienced price rise. The index tracks the performance of top TSE-listed companies in terms of market cap.
Together with large caps small companies too performed well on Tuesday, pushing up the TSE’s equal weighted index by more than 1.3% -- the highest daily gain in 94 sessions, according to data compiled by the Eqtesad News website.