During the last few days there was a redoubled optimism in the market over the nuclear talks. This time the market reacts differently and instead of waiting for the releasing result or deadline extension, most of the investors recognized their gains yesterday and in today’s early trades. They preferred to stay out through the day on any headline coming out of Lausanne. However, as the ministerial meeting in Lausanne started at 7:00 am local time the buying pressure raised the TSE index by more than 0.5 percent. With regards to the absence of big legal market players due to New Year holidays, the retail emotions are out of control. Many investors believe a deal is in the making. Even without some sort of agreement a deadline extension is expected. Any statement coming from Lausanne will determine the fate of market.
TSE at Glance
IFB at Glance
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