Major Iranian stock indexes vaulted to fresh records on Tuesday, sending the TEDPPIX past the 170,000 mark for the first time.
The milestone came as the rial's misfortunes were reflected in export companies' monthly reports and a string of positive diplomatic and legislative developments boosted investor sentiment.
Tehran Stocks Exchanges' main index, TEDPIX, closed up 5993 points or 3.55% to reach 174,618.2. Stocks rallied as investors flocked to diverse assets and poured more liquidity into the market.
Add new comment