Tehran bourse resilient amid market turmoil
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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