Tehran Shares Dip 0.4%

Tehran stocks fell on Tuesday after investor sentiment paled over significant drops in foreign currency prices. The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,642 points and dropped 0.45% for the day to close session at 1,916,202 points. 
The downturn was led by large-cap stocks, mainly including export-based companies, which grew substantially in recent days fueled by soaring forex rates. With the slide in currency rates growing deeper, shares of giant listed companies also fell.   
Decline of the dollar plus the TSE benchmark approaching 2 million points as a psychological resistance ahead, seems to be the main factors pulling down the share market.