Business And Markets
0

Tehran Stocks Lose Only to Make a Comeback

Tehran Stocks Lose Only to Make a Comeback
Tehran Stocks Lose Only to Make a Comeback

Market indicators in both Tehran Stocks Exchange and over-the-counter market Iran Fara Bourse made a complete U-turn at the start of trading week on Saturday. 
The main gauge of TSE, TEDPIX, lost about 12,000 points at the early hours of trading session before clawing back to positive territory later. 
The early collapse was a visible reaction by jittery investors to a decision by Financial Action Task Force, the global anti-money laundering watchdog, to place Iran on its blacklist. 

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