Tehran’s share market closed the week Wednesday higher thanks to noticeable demand for stocks of small companies.
Reflecting the performance of small caps, the equal-weighted index of Tehran Stock Exchange gained close to 1.3%.
The TSE’s benchmark, the market cap-weighted TEDPIX, gained 8,798.97 points or 0.57% to end trade at 1,564,487.
After six straight sessions of capital outflow, the market saw inflow of money on Wednesday with net capital inflow by retail investors reaching 1.34 trillion rials ($4.4 million).
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