The main gauge of Tehran Stock Exchange which was hampered by petrochemical sanctions to continue its previous rallies on Saturday, climbed 1.3% on Sunday to hit an all time record of 229,800 points.
The TSE continued its up-beat trend as more investors turned to the bourse after other parallel markets proved to be lethargic in recent months.
According to the Donyaye Bourse Website, the TSE registered 28% return since the beginning of the current fiscal (March 21) while gold and foreign currency markets have been leading a bearish trend since then.
TEDPIX Up 1.29%
Tehran Stock Exchange’s main index TEDPIX gained 2,920.63 points or 1.3% on Sunday to end trading at 229,808.8.
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