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Depressed Tehran Stocks Rebound

Business & Markets Desk
Over 4.06 billion shares valued at $226.1 million were traded on TSE last week, growing 113% and 119% respectively compared to the week before.Over 4.06 billion shares valued at $226.1 million were traded on TSE last week, growing 113% and 119% respectively compared to the week before.

Tehran’s equity traders faced concerns, as they began the second month of the year with three days of straight losses. 
However, Tehran Stock Exchange and Iran Fara Bourse rebounded midweek over a newfound optimism regarding the fate of the Iran nuclear deal, as well as promising corporate reports.
Overall, TSE’s main index TEDPIX lost 728 points or 0.8% during the week that ended on April 25 to close at 94,796.1. 
Iran Fara Bourse’s benchmark index, IFX, dropped 3.1 points or 0.3% to stand at 1,060.7.

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