Business And Markets

Tehran Stocks on Fire

Tehran Stocks on FireTehran Stocks on Fire

Tehran stocks made rare gains on Sunday after new volatility in the currency market boosted prospects for future hike in share prices and investors turned to stocks as safe havens. 
The benchmark of Tehran Stock Exchange recorded a solid  3.5% hike for the day, gaining more than 17,000 points on Sunday-- 1,000 points shy of the critical level of 500,000 points. 
Out of a total of 312 active symbol tickers on Sunday, 306 closed in the green zone, accounting for 98% of active companies, according to Donyaye Bourse website. 


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