Tehran stocks push higher

Financial Tribune – Tehran stocks climbing again on Saturday amid relentless investor zeal for shares and the obvious reluctance on the part of sellers.

All market indicators were in green at the start of the week with the benchmark of Tehran Stock Exchange rising more than 27,561 points to close trade 3.7% higher.

This put the total TSE return at 50% in a little more than a month since the beginning of the current fiscal year on March 20.

The rally swept through all range of stocks, including both small and large cap companies, as the equal-weighted index posted a whopping 3.6% gain.