Tehran stocks rebounded on Saturday amid rise in retail trade and inflow of fresh liquidity following weeks of money quitting the market.
The main index of Tehran Stock Exchange, TEDPIX, gained 18,635 points and climbed 1.29% to finish trade at 1,467,100.
The TSE’s equal-weighted index gained 1.6%, indicating that small caps outperformed.
The top winners were investment firms plus bank, auto and spare part stocks as the market responded to reports about the revival of Iran’s nuclear deal, which usually impacts the performance of banks and auto stocks.
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