Trades at Tehran Stock Exchange (TSE) registered a new highest record; on Wednesday its main index, TEDPIX rose nearly 6500 points, i.e. 4.4%.
Several companies from the steel industry faced long queues of investors. After long-term negotiations, Securities and Exchange Organisation of Iran removed pricing caps for steel products at Mercantile Exchange and this influenced share prices of related companies at TSE.
In several industries, products must follow restricted pricing policies determined by the State. However, recent modifications have been done to relax such regulations which have shown immediate positive reactions at the markets. See the tops and flops below.
