The benchmark of Tehran Stock Exchange took a giant leap during the first hours of trading session on Sunday, soaring more than 7,000 points, before retreating to 4,000 at the end of the day.
Adding to hefty gains a day earlier, TSE’s main gauge climbed 1.28% to 326,190.6.
The market reversed course as selloff pressure mounted for shares of 231 companies, a bad omen signifying that the next trading day (Monday) will probably open in the red.
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