Bourse Showing Signs of Improvement

Tehran’s stock market has been bullish in recent days indicating that it is recovering from a bearish trend that lasted for almost a year.
Benchmark of Tehran Stock Exchange eked out a 2% gain on the last trading week Wednesday to extend a 3-week winning streak.
The TSE’s equal-weighted index closed the week 2.2% higher indicating that small caps outperformed blue chips last week, according to the Persian-language economic website Eqtesad News.    
Retail investors’ return is seen as one of the driving forces behind the buoyant mood. Market data last week showed net capital inflow by retail investors for the second week in a row after logging 25 consecutive weeks of outflow.