The main gauge of Tehran Stock Exchange gained more than 4,000 points as the demand for commodity stocks rose on Sunday.
The market, which was dominated by auto and bank stocks in recent days, witnessed a noticeable change of heart as investors turned to commodity stocks in the early hours of trading day.
Among commodity stocks, those of petro-refinery companies were in high demand.
Petrochemical stocks breathed a sigh of relief after week-long negative signals from the international market as well as the US sanctions on Iran’s petrochemical industry undermined their performance.
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