Business And Markets
0

Tehran Stocks Stage Recovery

Finance Desk
The heavy losses of the past days have seemingly emboldened the more risk-taking investors who are finding walloped stocks more appealing
Tehran Stocks Stage Recovery Tehran Stocks Stage Recovery

Stocks closed mostly higher on Tuesday, Tehran Stock Exchange's main gauge, TEDPIX, rebounding to snap a two-day losing streak, on the back of newly released earnings reports by companies.  
TEDPIX gained 736.28 points or 0.44% on Tuesday to end trading at 167,199.8 , still a far cry from when the market bordered on the record high of 200,000 point in early fall. 
The heavy losses of the past days have seemingly emboldened the more risk-taking investors who are finding walloped stocks more appealing. Tuesday's gains were fairly broad-based and included refinery, petrochemical, metal and mineral stocks. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com