Business And Markets

Tehran Stocks End on High Note

Tehran Stocks End on High NoteTehran Stocks End on High Note

After registering a 4.1% growth during four business days last week, Tehran stocks market started the new trading week bullish on Saturday. 
The main gauge of Tehran Stock Exchange gained more than 4,400 points for the day, sending the TEDPIX 1.5% higher and extending a winning streak into the third day. 
Saturday’s market featured price hikes for the shares of 250 companies, accounting for at least 80% of total shares of listed companies. 
Prospects for the stock market in light of non-stop rallies in recent days have become a topic of heated debate among capital market analysts. 
While a group of analysts cast doubt on the likelihood of the upbeat trend to continue in the coming weeks, others are more positive about stock market outlook, according to Donyaye Bourse website. 


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