Iran’s stock market continued its strong upward momentum on Wednesday, extending a rally that has delivered remarkable returns in a very short period. Strong demand for shares, sustained inflows of retail capital and broad-based gains across listed companies have helped push the market to new highs since trading resumed late last month.
The benchmark TEDPIX gained 1.15% during the session and closed at 4.593 million points. Although the index briefly crossed the 4.6 million-point mark during intraday trading, some profit-taking later in the day pulled it back below that threshold. Even so, the market maintained its positive trajectory and recorded another day of solid growth.
The equal-weight index, which offers a broader view of market performance by assigning the same importance to all listed companies, climbed 1.43% to 1.235 million points. The simultaneous advance of both indices suggests that the rally is not confined to a handful of large companies and instead reflects widespread investor interest across different sectors.
Trading activity also remained strong. The combined value of transactions in stocks, preemptive rights and equity funds reached nearly 25 trillion tomans ($139 million). Meanwhile, more than 3.6 trillion tomans ($20 million) of fresh retail money entered the stock market, highlighting continued investor confidence. Since the reopening of trading, cumulative net retail inflows have surpassed 53 trillion tomans ($294 million).
Striking Performance
The recent performance of the market has been particularly striking given the limited number of trading sessions. Stock market activity resumed on Ordibehesht 29, 1405 (May 19, 2026), after being largely suspended during the first two months of the current Iranian year. Despite operating for only 16 trading days since then, the market has generated some of its strongest gains in recent years.
Since the beginning of the Iranian year (March 21), the benchmark index has risen about 24%, while the equal-weight index has advanced roughly 30%. Such returns over a short period underscore the strength of the ongoing rally and the breadth of participation among investors.
Several investment funds have delivered even stronger results. Leveraged equity funds have attracted significant attention as rising share prices amplified their gains. Narang Fund posted a return of 71% from the start of the year, while Jahesh and Shetab funds recorded gains of 59% and 56%, respectively.
Market breadth remained overwhelmingly positive. By the end of Wednesday’s session, 83% of listed stocks finished in positive territory, while only 17% posted losses. The figures indicate that buying interest remains widespread and that the market’s recent advance continues to be supported by strong demand across a broad range of shares.
If current liquidity trends persist, the Tehran stock market may continue to benefit from renewed investor confidence and sustained trading momentum in the weeks ahead.
