Tehran stocks notch another high

Financial Tribune – After breaking past the key 1,000,000 points one day before, Tehran stocks moved further up on Sunday.

The benchmark of Tehran Stock Exchange, TEDPIX, gained another 2.2% adding 23,035 points to close the session at 1,043,252.

Metal companies were the top market performers. Two giant steel and copper companies, namely Mobarakeh Steel Company and National Iranian Copper Industries Company accounted for approximately a quarter of the growth.