Tehran Stock Exchange powers ahead

Financial Tribune – Stock market indicators climbed sharply again on Sunday as fresh liquidity fuels the relentless rallies despite serious concerns the market could crash.

At the close of trading session on Sunday, the main gauge of Tehran Stock Exchange, TEDPIX, was up 4.3%, to break a record set a day earlier by gaining 39,410 points.

Sunday marked another record in the history of Iran’s bourse. Retail investors injected an unprecedented 28 trillion rials ($175 million) in the market, the highest daily inflow registered so far, Bourse Press reported.