Business And Markets

Tehran Stocks Near Record Highs

Tehran Stocks Near Record HighsTehran Stocks Near Record Highs

Iran stock indexes are approaching historic highs. As of closing of trading on Wednesday, Tehran Stock Exchange's main gauge TEDPIX was up 1.87%. Iran Fara Bourse’s main index IFX had jumped 40.21 points or 1.65% to close the trading week at 2,470.26.
As reported by Donyaye Bourse analytical website, a surge of new money by retail investors is lifting stocks like never before. The main index is only one step away to once again clinch its historic high of 194,000 points. 
Metal companies were a major factor behind the market activity on Wednesday as metals are also experiencing boom days on the Iran Mercantile Exchange as well. 


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