Tehran Shares Open Higher

After a weeklong Covid closure, the stock market in Tehran opened higher on Monday amid rising demand for large caps and inflow of fresh liquidity by retail investors.
The main index of Tehran Stock Exchange, TEDPIX, gained 12,048.28 points and climbed 0.92% to end trading at 1,323,354.
Large caps drove the rally pushing up the TES-30 Index by 1.2%. The index is a benchmark tracking the performance of top 30 listed companies in terms of market cap.