Tehran Stocks at 20-Month High

The benchmark of Tehran Stock Exchange, TEDPIX, on Tuesday broke past the strong resistance level of 1.6 million points – the same place 20 months ago. 
The market cap-weighted TEDPIX gained 22,223.89 points and climbed 1.4% to end trading at 1,606,024, the highest since October 2020. 
Stocks rallied driven by the bullish run in blue chips while shares of most small-sized companies stumbled, dragging down the TSE’s equal-weighted index by more than 0.3%.