Tehran Stocks Snap 8-Day Losing Streak

Tehran stocks closed positive on Sunday, ending the bearish spell, as institutions continued to take positions to support shares and investors found new encouragement to buy stocks they reckoned had had hit rock bottom prices.  
Falling oil and commodity prices had pushed stocks to finish the first trading day of winter at 154,505.5– a point considered to be the market's support level. 
The rout in global markets had exacerbated investor mood in Iranian markets, a sense that was further reinforced as trade tensions between the US and China brewed. 
Companies' third-quarter earnings results expected in the coming days could be another factor to lift the market even as other risks like the US sanctions and looming economic slump overshadows future trends.