Tehran Stocks Surge to New Highs

Tehran stocks gained ground on Saturday as liquidity continued to flow from small-cap stocks into giant listed companies amid investor optimism toward monthly financial records. 
The main gauge of Tehran Stocks Exchange TEDPIX climbed 1%, gaining more than 3,600 points for the day to stand at an all-time high of 353,996 points. 
Apart from awaiting promising financial records, market analysts name bullish trends in the currency market and upbeat performance of global stock markets as the main drivers of TSE rally. 
On Saturday, symbol tickers of 260 companies, which account for 80% of all stocks, ended in the green zone with giant petrochemical, metal, bank and auto stocks at the helm.