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Tehran stocks rise

29 May 2019 - 17:41


Financial Tribune - After a remarkable rebound on Saturday, the main gauge of Tehran Stock Exchange continued to extend gains Tuesday as investors took a buying position in a wide range of stocks.

The market was in a rather good mood after worries over political tensions subsided and positive news about monthly performance reports of listed companies boosted investor sentiments.

The main TEDPIX index gained more than 5500 points to close trading day on Tuesday at 223,253 points.

Besides relative calm in the political climate, the TSE was buoyed more by the up-beat performance report of listed companies published on Codal - an information website created for instant official publication of corporate data and news.


Story Code: 350545

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The Iran Project
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