Business And Markets

Shares Leap 4.4% in Tehran Market

Shares Leap 4.4%
Shares Leap 4.4%

Shares made one of their historic gains in Tehran on Tuesday, soaring 4.4% after falling close to the psychological 1.5 million points for two days in a row. 
The benchmark of Tehran Stock Exchange, TEDPIX, gained 64,911 points to comfortably break above the resistance level, closing trading session at 1,546,849 points. 
Tuesday’s rally put the TSE benchmark growth at 202% since the beginning of the current fiscal year, a rewarding gain expected to further whet investors’ appetite. 
The rally swept all shares spurred by sizable amounts of money flowing into the market by zealous investors and the apparent reluctance to sellers. 


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