Tehran Stocks Post Strong Gains

Tehran stocks made a solid 3.1% gain on Monday cheered by the dramatic rise in demand for refinery, petrochemical and metal stocks. 
Riding on the tailwinds of fresh liquidity inflow, the main gauge of Tehran Stock Exchange climbed 9,367.9 to 311,471.35 for the day, a level never seen before. 
The value of trade crossed 20 trillion rials ($175 million) on Monday and more than 240 symbol tickers ended in the green, according to the Donyaye Bourse website. 
The shares of Persian Gulf Petrochemical Industries Company, the biggest listed company in the market, alone contributed 1,070 points to the benchmark.