Tehran stocks recovered Wednesday from a declining trend that lasted for five sessions.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 6,517 points or 0.44% to end trade at 1,490,051.
Following some promising quarterly reports, four refineries were the big gainers accounting for 4,000 points of TEDPIX’s gain.
The TSE’s equal-weighted index too gained 0.38% and the TSE-30 Index was up 0.8%. The former index gives the same weight to all shares while the latter tracks the performance of top 30 companies in terms of market cap.
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