23 Nov 2024
Tuesday 19 May 2020 - 16:24
Story Code : 376109

Tehran stocks bounce back

Financial Tribune - Tehran Stocks rebounded on Monday as investors found share prices -- depressed during a four-day bearish trend -- attractive enough to place orders.

The main gauge of Tehran Stock Exchange, TEDPIX, pared 26,375 points of the earlier losses and climbed 2.72% to close the session at 994,835.

Signs of a market recovery had appeared in the later hours of Sunday as sell-off pressure on a wide range of shares eased suggesting that the market would open on a high note the next day.
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