Tehran Stocks End Week 1.6% Higher

Drawing on earlier gains on Tuesday, Tehran stocks soared Wednesday as investor sentiment got a boost by upbeat trends in global commodity markets. 
The main gauge of Tehran Stock Exchange conquered a new peak as TEDPIX rose more than 4,200 points, or 1.68%, on Wednesday to finish the trading week at 261,000. 
TSE’s commodity stocks responded to the positive signals from a 4.7% rise in oil price in global commodity markets on Tuesday, its biggest percentage gain since December.