Tehran Share Market Strengthens

After getting near the milestone 2 million points for almost two weeks, the benchmark of Tehran Stock Exchange, TEDPIX, moved past the psychological level on Sunday. 
TSE’s market-cap weighted TEDPIX, gained 2.54% on Sunday by adding 49,870 points to close at record high of 2,011,492. 
Iran’s share market has been mostly in upbeat mode in the past four months driven by a combination of factors, the most important being the full support of the government in tandem with systematic efforts to encourage more investors to join the fast-pacing market.