Iranian stock market surges 133% in 2013 beating the Dubai Financial Market’s 113% jump « ArabianMoney:
"Two of the hottest stock markets in the world are in the Gulf of Arabia this year. Among the Arabian Gulf States their commercial capital Dubai stands out with the Dubai Financial Market General Index up 113 per cent year-to-date. But across the water of the Persian Gulf the Tehran Stock Exchange can boast a 133 per cent surge in value this year.
This is actually the third year of strong gains in the TSE. Last year the index closed up 55 per cent and the gain in 2011 was 24 per cent. Not surprisingly Iranians have been abandoning real estate and gold in favour of a stock market that seems to head only north."
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