Demand for large caps boosted the Tehran stock market on Sunday following a lukewarm session a day earlier. The main index of Tehran Stock Exchange, TEDPIX, gained 10,100 points or 0.72% to end trade at 1,417,863.
As in the previous session, penny stocks outperformed pushing up the TSE’s equal-weighted index by 3,563 points or 0.87%.
Big gainers were agriculture, communication, base metal, cement, food, and mass construction stocks while shares of transportation, auto and machinery companies were the big losers.
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