Tehran Stocks Extend Winning Streak

The stock rally continued on Monday as quarterly financial reports released on codal website showed upbeat performance for a large number of big companies in the capital market. 
The main gauge of Tehran Stocks Exchange gained 3,000 points to close trading day above 253,000 points.    
As expected, demand rose for commodity stocks in refinery, petrochemical and metal companies amid investor optimism toward profit-making potential of the companies. 
According to the Donyaye Bourse website, stocks of these companies absorbed about half of the total liquidity in the TSE.