Business And Markets
0

Tehran Stocks Buck Two-Month Trend

Tehran Stocks Buck Two-Month Trend
Tehran Stocks Buck Two-Month Trend

Tehran Stock Exchange experienced one of its biggest downturn in nearly two months on Tuesday, with its main index, TEDPIX, losing more than 26,318 points, or 2.5%, to retreat back to 1,021,444. 
Excitement and herding behavior were evident in Tuesday’s session as investors, mostly newcomers and unprofessional, kept moving to and fro during trading hours. 
The market opened in positive territory with sell-off starting to hit small cap stocks in the early hours before being extended to large-caps later. 

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