With share prices touching support levels after nearly two weeks of correction as shown in the technical analysis, signs of recovery that reappeared Wednesday turned into a full rally at the start of trading week on Saturday.
The main index of Tehran Stock Exchange gained more than 34,900 points for the day, pushing the TEDPIX 3.7% higher, to close trading session at 973,495 points.
The rally that swept majority of shares was led by large-cap companies as indicated by a whopping 4.8% gain for the TSE-30 index, which tracks performance of the 30 listed companies with highest market capitalization.
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