Tehran bourse resilient amid market turmoil
- Published: 18 September 2008 15:22
- Author:Will Hadfield | More by this Author
- Last Updated: 18 September 2008 16:51
For most of the Gulf, the aftermath of Lehman Brothers' decision to file for bankruptcy protection heaped further problems on equity markets, which have already experienced a miserable summer. The Tehran Stock Exchange, however, had a good week climbing 0.8 per cent to finish at 47,107 points. Iranian government plans to list further state-owned enterprises have consistently helped the benchmark Tedpix index climb since the beginning of the current Iranian year in March.
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