Tehran Stocks Rally Continues

Cheered by the seasonal performance report of listed companies, stocks in Tehran’s market continued to extend earlier gains on Monday, amid the weak performance of world stocks. 
The main gauge of Tehran Stock Exchange climbed 1.1% on Monday, sending TEDPIX to a record high of 249,447 points. The stocks’ rally started Sunday following a weeklong lukewarm performance before gaining pace on Monday. 
Retail investors, who were in the sell position over the past week, turned into buyers on Monday’s trade, according to Donyaye Bourse website.