Business And Markets

Tehran Stocks Recover From Early Losses

Tehran Stocks Recover From Early LossesTehran Stocks Recover From Early Losses

Following three bear market sessions, the Tehran Stock Exchange on Wednesday turned bullish amid rising investor demand for big shares.    
The main index of TSE, TEDPIX, pared some of its earlier losses and gained over 3,000 points on Wednesday to close the trading week at 211,344 points. 
According to the Donyaye Bourse website, the TEDPIX was boosted mainly by the metals, minerals, and commodity stocks. 
While the demand for big shares was high, the small shares were undergoing a massive selloff.  Auto company shares contributed the most to the selloff pressure. 


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