Bulls are reigning over Tehran equity markets just as foreign exchange, gold, housing and stock markets have all recorded unprecedented gains.
Recent changes in government forex policy are also expected to boost stocks to lead the pack.
Tehran Stock Exchange and Iran Fara Bourse hit yet another historical high on Monday to defy all analysis of their rallies running out of steam.
June 25, 2018 19:16
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Stocks at Historical High as Forex Open Market Returns
Tehran Stock Exchange’s main index, TEDPIX, gained 2.78% or 3,113.24 points to hit 115,174.5. This is the index’s ninth winning day in a row, second-best single-day growth ever and a new all-time high record
TSE on Monday saw trade value reach 9.57 trillion rials ($227,857,142), only 360 billion ($8,571,428) of which were block transactions. This is the market’s highest trade value in 50 months
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