The main gauge of Tehran Stock Exchange climbed 1.2% Wednesday to end trading week at 266,000 points.
As seen in the past few days, trade was dominated by small and medium sized stocks on Wednesday.
However, unlike past sessions when the stocks took a reverse course in mid-day trade, the equities on Wednesday maintained an upward trend from the early hours through the end of trading day.
The trading session marked rising demand for stocks of 273 companies, accounting for more than 90% of the open symbol tickers.
Donyaye Bourse website attributes the bull market to three main reasons; firstly, the impact of boosting capital of listed companies both through retained earnings and asset revaluation.
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