Tehran stocks at all-time high

Financial Tribune – Symbol tickers of all companies listed on the Tehran Stock Exchange and Iran Fara Bourse (the junior equity market) were in the green Saturday amid renewed rush to buy shares.

TSE’s main gauge, TEDPIX, gained more than 39,000 points for the day, a figure unseen in the history of Iran’s bourse. Saturday’s gain sent the benchmark 4.48% higher and trade ended at 917,405 points.

While market analysts voice concern about the odd growth in share prices, the stock market keeps rising with new investors every day.