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Tehran Stocks Rebound

EghtesadOnline: Tehran stocks rebounded on Saturday amid rising retail trade and fresh liquidity following weeks of large sums quitting the market.

Tehran Stock Exchange's main index, TEDPIX, gained 44,782.76 points or 3.49% on Saturday to end at 1,328,324.05.

The TSE equal-weighted index gained 2.47%, indicating that small caps outperformed.

About 9.9 billion shares worth 58.63 trillion rials ($202.19 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

Rebound Tehran Stock Exchange Tehran Stocks