Retail Money Pushes Tehran's Main Index Past 6.5 Million Points

Tehran Stock Exchange's main index (TEDPIX) rose more than 2 percent on Saturday, August 29, 2026, crossing 6.5 million points for the first time, a move Donya-e-Eqtesad newspaper reported as the 18th consecutive day of gains for the benchmark. The equal weight index also rose 1.33 percent the same day, nearing a 100 percent return since the start of the fiscal year. By midday trading, retail turnover reached 25 trillion tomans and roughly 500 billion tomans in retail money flowed into the market, with 85 percent of listed symbols trading higher. Donya-e-Eqtesad noted the rally comes as the stock market, roughly 100 days after reopening following the recent 40 day war, continues to close a multi year valuation gap with inflation and the dollar; however, it said the market's trailing price to earnings ratio remains well below the levels recorded during the bubble like rally of Iranian year 1399 (2020).