Business And Markets
0

Tehran Stocks Open 3.3% Lower

Tehran Stocks Open 3.3% Lower Tehran Stocks Open 3.3% Lower

Tehran stocks plummeted more than 3.3% at the start of trading week on Saturday amid investors unwillingness to trade and anxious about uncertainty about future market developments.  
The market cap-weighted index of Tehran Stock Exchange, TEDPIX, dropped nearly 17,500 points retreating to 502,738 points for the day while the equal-weighted index experienced smaller losses and fell 1.8%.  
TSE started a bearish trend since a week ago and has dropped more than 10% during the past five trading sessions, according to analytical stock market website Donyaye Bourse.

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