Tehran stocks closed trading week Wednesday in positive territory amid increase in the participation of retail investors. Like the past few sessions, small caps were in better shape while most large caps lagged behind.
The benchmark of Tehran Stock Exchange, the market cap-weighted TEDPIX, gained 10,896 points or 0.76% for the day to settle at 1,442,372.
Thanks to the small caps rally, the TSE’s equal-weighted index climbed almost 1.5%. The index gives the same weight to all shares irrespective of their market cap.
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