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Iran: Tehran bourse hits record levels amid period of uncertainty

The economic gains from the 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear deal might have fallen far short of hopes, prompting widespread protests across the Islamic Republic, but despite the evident discontent at the country’s economic plight the Tehran Stock Exchange (TSE) has been performing strongly. The TSE’s main Tedpix index hit a new record level of 98,358 points on 25 December, capping two years of growth. Total market capitalisation climbed above $100bn for the first time in December.

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