Tehran Stocks Gain for Second Straight Day

petrotahlil-The stock market posted significant gains Monday, as share prices across the board ended substantially higher.

TEDPIX, the benchmark index of Tehran Stock Exchange, rose 2,594.2 points -- the second consecutive session to post a gain after a four-day losing streak -- to close the day at 183,219.5 points. The market remained closed on Tuesday in observation of the annual Arbaeen rituals marking the 40th day of the martyrdom of Imam Hussein (PBUH), the third Shia Imam.