Reports of a potential United States-Iran peace deal lifted sentiment, with every active stock on the Tehran Stock Exchange closing higher as markets priced in a possible 60-day truce and looser oil sanctions.
The Tehran Stock Exchange posted what the source describes as its first-ever session in which every active stock closed in positive territory. The move followed reports of a potential peace deal between the United States and Iran. According to the source, markets were pricing in a possible 60-day truce and an easing of oil sanctions. Such expectations can support equities by improving the outlook for trade, corporate earnings, and access to global energy markets, although the source does not provide details on any formal agreement.