Tehran Shares Higher

After two lukewarm performances, demand for shares outweighed supply in the Tehran stock market on Tuesday, thanks to auto, banks and majority of small caps.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 12,554.35 points or 0.87% for the day to end trade at 1,449,471.
The rally was stronger in small caps pushing up the TSE’s equal-weighted index by more than 1.1%. The index had lagged behind the TEDPIX in most previous sessions.