The main index of Tehran Stock Exchange, TEDPIX, gained 60,000 points on Monday to climb 3.2%, closing the trading session at 1,924,798 points.
Equal-weighted index rose by 2.25%, indicating that both small and large-cap equities gained. However, gain in large-caps outweighed others as seen in the 3.7% growth in the TSE-30 Index. The index track sshares of top 30 companies in terms of market capitalization.
Inflow of fresh liquidity and repeated government support for the market are said to be the main drivers of the bull market.
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