Tehran stocks surge to new highs

Financial Tribune – Tehran stocks were again of the ascending order on Sunday as the Tehran Stock Exchange benchmark peaked at 332,567.2, posting 4,942.43 points growth, or 1.51%.

A new wave of fluctuations in the currency and gold markets has been pushing up stock market indices for the past two weeks.

This was conspicuous in the value of TSE retail trade on Sunday. Trade conducted by retail investors hovered around 20 trillion rials ($153 million), up 60% compared with the average daily trade handled by this group, according to the stock market analytical website Donyaye Bourse.