(Persia Digest) – Tehran’s Stock Exchange Index gained 2439 points today to stand at an all-time high of 226,983 for the first time in the history of the capital market.
Less than a month ago, the Stock Exchange Index managed to grow to 224,000; but, today, it exceeded this to set a new record.
Liquidity on the capital market is remarkable these days. The daily value of Tehran Stock Exchange trading easily surpasses the 1000BN toman mark (more than USD 75MM) and market actors behave somewhat erratically in these circumstances.
Tehran’s Stock Exchange Index is growing while the price of the dollar against the rial is dropping on the free market.