Business And Markets

TEDPIX Rises 0.9%

TEDPIX Rises 0.9%
TEDPIX Rises 0.9%

Tehran stocks opened trading week Saturday on a strong note building on previous gains with small caps and penny stocks in the lead.   
The main gauge of Tehran Stock Exchange, TEDPIX, gained 13,961 points and climbed 0.9% to end trade at 1,578,410.
The TSE’s equal-weighted index rose more than 1.4% as small cap stocks rallied. 
Retail trade increased sharply by 20% on Saturday from the session before to reach 78.58 trillion rials ($260 million).  
About 13.16 billion shares valued at 82.33 trillion rials ($294m) changed hands at TSE for the day.


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