Iran stock market rally to continue in 2013

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Heady gains for Iranian share prices. Despite the global economic downturn and unilateral sanctions imposed by the West, Iranian share prices have continued to rally around 40 percent in the past four months. It’s good news for many listed companies at the Tehran Stock Exchange, because they will benefit from the new competitive market even next year, which the head of Iran’s Securities and Exchange Organization says is not overvalued or vulnerable to any sharp fall at all.

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