Tehran stocks made robust gains at the beginning of trading week on Saturday extending into the fourth straight session.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 42,220 points to climb more than 3%. The gains pushed TEDPIX above the critical 1.4 million points to close at 1,440,637.42.
Tracking market data, Eghtesadnews, the Persian-language economic news website said Saturday’s gain was the highest in nine months.
Keeping abreast large caps, prices of the majority of small caps rose causing the TSE’s equal-weighted index to surge 3.18%, also the biggest in nine months.
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