👉 The Tehran Stock Exchange's annual return decreased from 47% in April to 46% in May. 👉 The MSCI Emerging Markets Index returned around 8.5% by the end of May. 👉 The COMCEC Islamic Market Index returned around 7.6% by the end of May. 👉 The Iranian market has outperformed both indices since the second half of Aban month in 1403.