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TEDPIX Adds 1.3%

TEDPIX Adds 1.3%
TEDPIX Adds 1.3%

Tehran stocks opened Saturday trade on a higher note, extending a rising trend that started on Wednesday amid high demand for majority of small caps.
The market-cap weighted benchmark of Tehran Stocks Exchange, TEDPIX, gained 20,422.02 points or 1.34% ending trade at 1,541,048.
Rise in small caps outpaced stocks of giant companies as the TSE’s equal-weighted index gained 2% while the TSE-30 Index climbed a little over 1%. The index tracks the top 30 traded stocks in terms of market cap.
Prices of more than 80% of the traded stocks rose on Saturday, comprising 392 tickers. Capital inflow by retail traders was 4.6 trillion rials ($17 million) for the day.    

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