Tehran Stocks Make a Comeback

Leaving behind a 3-day correction, Tehran stocks made a comeback at the end of trading week on Wednesday with fresh money from retail investors.
The main index of Tehran Stock Exchange, TEDPIX, gained 24,536.87 points or 1.64% to end trading at 1,520,687. The benchmark lost about 5%in the preceding three sessions.
The TSE-30 Index gained 1.3% and the TSE’s equal-weighted index climbed 1.9%, indicating that small caps outperformed. TSE-30 tracks the performance of top 30 shares in terms of market cap.
Stocks rally was boosted by fresh liquidity inflow. The net value of liquidity inflow by retail traders hit the highest in the past seven months to reach 8.5 trillion rials ($33 million), according to Eqtesad News website.