The high rise of the market to overcome the resistances! ".
Alongside the relative moderation of political risks, the fundamental and economic drivers continue to drive the market with high intensity. The continuation of the upward trend of the agreed dollar (which reaches levels of more than 190 thousand tomans) serves as a reliable lever to preserve or improve the profit margins of export-oriented companies. On the other hand, the granting of permission to a variety of companies to provide foreign exchange from their exports at a rate close to the free market, rumors according to which the government will liberalize the basic oil and tire tariffs and raise the sugar rate, greatly strengthened the potential for profit jump and adjustment of P/E.