Business And Markets
0

Tehran Stock Losses Accelerate

Tehran Stock Losses Accelerate  Tehran Stock Losses Accelerate

Tehran stocks extended a losing streak for the fourth day on Wednesday as geopolitical tensions continue to shake financial markets across continents. 
Tehran’s stock market fell 1.4% at the end of trading week with its main index losing another 5,000 points to retreat back to 353,807.51.  
The relentless selloff of almost all stocks from Saturday forced capital market officials to narrow the price spread from the normal 5% to 2% on Wednesday. 
This was a sign of relief for a large number of investors as they saw their assets depreciate 2% instead of 5% daily. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com