Tehran stocks post solid gains after a shaky week

Financial Tribune – Tehran Stock Exchange continues creeping upward to extend growth for the sixth straight day on Monday.

TSE’s main index TEDPIX gained 2,703.15 points, or 0.88%, for to end trading at 308,477.2. The market on Monday saw its biggest rally in ten days.

The market featured rising prices for shares of 255 companies, which indicate 83% of all listed companies ended trade in positive territory.

Growth in equal-weighted index was higher at 2.4%, indicating heavier weight of demands for the stocks of small and medium sized companies.