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Tehran Stocks Extend Losing Streak

Tehran Stocks Extend Losing Streak Tehran Stocks Extend Losing Streak

Shares in Tehran Stock Exchange and the junior market Iran Fara Bourse took another drubbing Tuesday to extend a losing streak into the third day. 
The main gauge of TSE, TEDPIX, dropped more than 14,500 points, or 2.7%,  for the day and retreated to 519, 847.33. Smaller losses in the equal-weighted index (1.68%) indicate that the sell-off particularly hit large-cap companies.   
Tuesday’s market featured a noticeable lack of buyers against a relentless sell-off of stocks of a broad range of listed companies amid a negative climate due to a variety of internal and external factors.  

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