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Tehran: TEDPIX Tops 188,000 as Investors Pile Into Stocks

Tehran: TEDPIX Tops 188,000 as Investors Pile Into Stocks Tehran: TEDPIX Tops 188,000 as Investors Pile Into Stocks
TEDPIX rose 5,646 points or 3.09% on the first trading day of the week to close at 188,575.5

Tehran Stock Exchange's main gauge, TEDPIX, sailed past the 188,000-mark for the second time on Saturday, while other major indexes rose to new highs as bumper half-yearly  earnings reports by companies  added to a bullish sentiment from indications of positive developments on the political scene. 
TEDPIX rose 5,646 points or 3.09% on the first trading day of the week to close at 188,575.5. The index had last crossed the 188,000 milestone 12 days ago. 
Saturday's optimism was evident in investors' enthusiasm to buy all sorts of stocks but also a grim warning that frenzy buying could deteriorate into a bubble.   

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