Shafaq News-Tehran
Tehran'sbenchmark index broke above 5.1 million points within five minutes of Tuesday'sopening bell, setting an all-time record for the Iranian stock exchange in themarket's largest single-session surge since its founding.
Monday'ssession had already closed at 4,980,430 points —a gain of roughly 162,000points— before Tuesday's open pushed the index past the 5-million-pointthreshold to reach 5.1 million points, according to data from the Iranianbourse cited by the Iranian Fars News Agency.
Approximately90 percent of listed shares recorded gains in the first minutes of trading,with buy orders dominating the majority of listed equities, exchange datashowed.
Capital marketanalysts, quoted by Fars, attributed the rally to a combination of factors: increasedliquidity flowing into the market, improved corporate earnings expectations,and recent broader economic developments.