Carmaker slightly lifts TSE

Financial Tribune – Tehran Stocks closed Monday a little below the flat line before bouncing back into positive territory as investors went for SAIPA shares in after-hour trade.

The benchmark of Tehran Stock Exchange, TEDPIX, gained 4,504.77 points, or 0.43%, to end trading session at 1,047,757.6.

Zealous investors lined up to buy shares of SAIPA, the second biggest carmaker, as its ticker symbol reopened Monday after being closed for two months due to the company’s general meeting.