Blue Chips Lift Tehran Stocks

Tehran stocks rallied Monday as investors embraced large caps and stocks of export-based companies following spike in forex rates.
The benchmark of Tehran Stock Exchange, the marker cap-weighted TEDPIX, gained 39,059.03 points or 2.55% to end trade at 1,571,446.
The TSE-30 Index rose almost 3% and the TSE’s equal-weighted index was up 1.84%. The former index tracks the performance of top 30 listed companies and the latter gives the same weight to all shares irrespective of their market cap.