Tehran stocks end week on strong note

Financial Tribune – Tehran stocks closed trading week more than 1.4% higher on Wednesday, leaving behind a short-lived correction phase one day earlier.

Stocks rallied amid growing enthusiasm for small stocks and correction in prices of a number of large-cap shares, particularly in refinery, petrochemical and mineral companies.

The main gauge of the Tehran Stock Exchange, TEDPIX, added over 6,600 points to close session at unprecedented level of 478,756.