Business And Markets

Tehran Stocks Set New Highs

Tehran Stocks Set New HighsTehran Stocks Set New Highs

Tehran stocks opened trading week on a high note Saturday, extending a bullish trend that has dominated the market for six consecutive days. 
The main gauge of Tehran Stock Exchange climbed 2.6% to gain more than 10,500 points for the day, comfortably crossing the critical 400,000 points.   
Value of equities exchanged by retail traders hit an all-time high of 36.2 trillion rials on Saturday -- 4 trillion rials above the previous record on Dec. 23, according to the analytical Donyaye Bourse website. 
Stocks of large-cap accompanies in auto, bank, chemical and base metal groups accounted for 16 trillion rials of the trade value.


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