10 Nov 2024
Thursday 28 May 2020 - 16:08
Story Code : 376668

Tehran stocks pare losses

Financial Tribune - Tehran stocks ended trading week on Wednesday in positive territory to buck a bearish trend that dominated the market for three sessions in a row.

The main gauge of Tehran Stock Exchange, TEDPIX, pared 1.34% of earlier loss and gained 12,416 points to stand at 938,549 points for the for the day.

The TSE benchmark had lost more than 8% during three sessions of market correction.

Stocks opened the early hours under sell-off pressure before making a comeback later as demand rose for stocks of large cap companies.
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