(Bloomberg) Ladane Nasseri - The Tehran Stock Exchange's benchmark index soared 133% this year through Dec. 24 to a record, with most of the rally following the June election of President Hassan Rouhani, who has pledged to re-establish ties with the world economy. Iranians are pulling out of conventional stores of wealth - gold, dollars and real estate - to invest in the stock market, according to Tehran-based investment boutique Turquoise Partners.
2013-12-26 00:00:00Full ArticleBACK Visit the Daily Alert Archive