[ad_1]
Tehran’s shares started the trading week on a high note on Saturday amid demand for shares from commodity and export-oriented companies.
Tehran Stock Exchange’s benchmark, TEDPIX, gained 14,310 points and climbed 1.25% to end trading at 1,161,985.
This as the TSE’s equal-weighted index closed slightly above the flatline, pointing to the lukewarm performance of penny stocks.
Price increases in petrochemicals, refineries, banking, mineral and metals stocks propelled the TSE-30 Index by almost 1.7%. The index tracks the performance of the 30 largest publicly traded companies in terms of market capitalization.
Premium
Subscribe to the Financial Tribune to continue reading this article or log in to your account if you are already a subscriber.
Read more about our subscriptions here.
[ad_2]
picture credit