Tehran stock market investors had a good run in the current fiscal year's first quarter (March 21-June 21).
The market yielded more than half of what it gained in the entire last fiscal year and certain industries in bulls' crosshairs outperformed the index.
Fresh money, having just ravaged foreign exchange, gold, automotive and housing markets, was injected into the market and rejuvenated the first two month and a half's comatose trading.
The market as a whole was being lifted in the initial days of the rally that started on June 13. However, larger cap firms and industries started to reign supreme later on.
Tehran Stock Exchange's all-share index, TEDPIX, gained 12,582 points or 13% in Q1 to notch a new high of 108,872.
June 27, 2018 19:19
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Winners, Losers of Q1 Iran Stocks
The wood industry was Q1’s main yet unlikely winner with a whopping 75% upsurge in its index, as the retail industry was hit the worst during the period, dropping 25.5%
Out of the 33 gain-making industries in Q1, 10 of them zoomed past the main index
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