Tehran Stocks Climb 200% in 1 Year

Tehran Stock Exchange and over-the-counter market Iran Fara Bourse extended earlier rallies on Tuesday as the power of fresh money continues to beat external risks.  
The main gauge of TSE gained 14,910 points for the day and closed at 544,239, sending TEDPIX 2.8% higher. Tuesday’s gains put the index growth above 200% since the beginning of the current fiscal year last March. 
The dramatic growth has turned the stock market into a force to reckon with. Ever-increasing number of investors over the past 20 months and the money they pump into shares and stocks have rendered pundits and market analysts unable to make informed evaluations about where the stock rallies with stop, if ever.