Tehran Stocks Extend Rally

Tehran Stock Exchange extended earlier gains on Wednesday as financial reports of major listed companies continue to boost investor sentiments. 
The main gauge of TSE added another 3,400 points to its three-day gains to close trading week at 248,000 points amid rising demand mainly for commodity stocks. 
On the top of the list of major players in the market were petrochemical, metals and cement companies.  
According to the Donyaye Bourse website, apart from up-beat financial performance, the cement stocks were cheered by the news of 30% hikes in the price of cement products.