Tehran Stock Exchange Throwing Its Weight Around

While global stocks got a rare drubbing from the US crude oil price crisis, stocks in Tehran stuck to their strong forward march again on Tuesday to extend a bullish trend dominating the market for two weeks.  
Main gauge of Tehran Stock Exchange, TEDPIX, soared 2.42%, adding 17,142 points to finish trade at 726,137 points. 
As with recent sessions, the rally was driven mainly by large-cap listed companies as seen in a 3% rise in the TSE 30 index, which track the 30 largest publicly traded companies.