Tehran stocks closed trading week Wednesday higher amid a buying frenzy that has been pushing up market indicators.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 30,778.64 points and climbed or 2.12% to close at 1,484,589.92 points.
The rally swept through both large and small cap stocks with the latter dominating the market as seen in the 2.9% rise in the TSE-30 Index that tracks the 30 largest publically-traded companies at the TSE.
TSE’s equal-weighted index gained 1%, showing that small caps and penny stocks were also in upbeat mode.
Add new comment