Tehran stocks broke a 3-day losing streak on Sunday as investor sentiment was buoyed by strong opposition from top government officials to the unwanted intervention in commodity prices.
The main index of Tehran Stock Exchange, TEDPIX, gained 20,728 points, or 1.61%, to close trade at 1,306,620 points.
Commodity stocks gained after reports that President Hassan Rouhani strongly opposed intervention in pricing mechanism of listed commodities at the bourse, including steel stocks.
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