Business And Markets

Tehran Stocks Higher

Tehran Stocks Higher
Tehran Stocks Higher

Tehran stocks extended gains on Sunday with small caps and penny stocks in the lead. 
Extending a winning streak for five consecutive sessions, the benchmark of Tehran Stock Exchange, TEDPIX, gained 9,150.38 points or 0.59% trading at 1,552,997, the highest in seven months. 
As in the past two weeks, small stocks had the upper hand as seen in the more than 0.6% rise in the TSE’s equal-weighted index. The index has ended in positive territory for 15 successive sessions. 
At the end of the day, 349 tickers gained and 264 others skid with losers accounting for 42% of the total traded stocks. 
Retail trade fell 4% from the session before to reach 67.48 trillion rials ($240 million) on Sunday.  


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