Business And Markets

Tehran Stocks Hit New Highs

Tehran Stocks Hit New Highs   Tehran Stocks Hit New Highs

The main gauge of Tehran Stock Exchange which was hampered by petrochemical sanctions to continue its previous rallies on Saturday, climbed 1.3% on Sunday to hit an all time record of 229,800 points. 
The TSE continued its up-beat trend as more investors  turned to the bourse after other parallel markets proved to be lethargic in recent months.
According to the Donyaye Bourse Website, the TSE registered 28% return since the beginning of the current fiscal (March 21) while gold and foreign currency markets have been leading a bearish trend since then. 
TEDPIX Up 1.29%
Tehran Stock Exchange’s main index TEDPIX gained 2,920.63 points or 1.3% on Sunday to end trading at 229,808.8. 


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