Tehran’s stock market was sluggish on Tuesday after making a historic advance a day earlier as investors moved to sell shares to save past gains.
The main gauge of Tehran Stock Exchange made a slight rise of 0.2% to 312,208 for the day compared to the dramatic gain of 9,000 points on Monday, a solid surge that sent TEDPIX 3.1% higher.
About 4.88 billion shares valued at 22.95 trillion rials ($202.19 million) changed hands at TSE for the day.
Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.
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