Tehran stock exchange ends trading week 1.08% Higher

Financial Tribune – The winning streak of Tehran Stock Exchange continued Wednesday, with the main index climbing more than 3,000 points or 1.08%, hovering near 300,000.

Recent news about recapitalization was among the key impacting factors along with rising investor demand, especially in the bank and auto sectors, according to Donyaye Bourse, an analytical website

Experts say the sudden, but not unexpected, exit of hawkish US National Security Advisor John Bolton from the Trump White House had a positive impact on the market, making investors a little more optimistic.

Embattled President Donald Trump abruptly announced in a tweet Tuesday that he had asked Bolton to resign, noting that he “strongly disagreed with many” of Bolton’s suggestions “as did others in the administration.”