Tehran Stock Exchange set a fresh record high on Monday as investors received more positive news on corporate earnings, especially export-oriented stocks that have benefited the most since the rial's decline intensified six months ago.
The market's all-share index leapt 2.15% to reach 168,624.5. According to a majority of analysts, the coming days are fateful for the equity market as investors will decide whether the rally will be sustainable in the face of coming political and economic challenges. [Long Read]
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