Markets in Brief 22.06.2018

Tehran Stock Exchange (TSE) passes its ever-best days. The main index, TEDPIX, crossed the 100.000 points threshold for the first time in its history and reached the highest record of 108.873 points in the past 50 years since TSE’s foundation. TEDPIX rose 13 percent within five trading days.

The Iranian capital market flourishes while nothing particular has changed regarding the uncertainties of the return of US sanctions. Additionally, analysts have not indicated enough reasons for special increase in share prices.

These are enough reasons to signal that several investors are only following the trend to buy shares which is leading to further growth at the market.

Analysts have warned that they may end up with shares which their real value is far below their prices. See the charts above.