Tehran Stocks rallied on Monday as the unprecedented surge in currency rates continued to boost investor sentiments over future rise in share prices.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 40,000 points, climbing 3.12% to extend a winning streak into the sixth day. TEDPIX closed trading session at 1,341,531 points.
As seen in previous sessions, the rally was led by large-cap shares largely in steel, base metal, refinery and mineral companies.
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