Business And Markets

Tehran Stocks Back in Demand

Tehran Stocks Back in Demand
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.  


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