Business And Markets

Tehran Blue Chips Skid

Tehran Blue Chips SkidTehran Blue Chips Skid

Tehran stocks took a drubbing unseen since May 26 at the close of trading week on Wednesday after sell-off in blue chips deepened. 
The main index of Tehran Stock Exchange, TEDPIX, lost 1.9% shedding more than 36,876 points to close trading at 1,904,316 points. 
Losers of the market were large-cap stocks, the so-called “benchmark makers”, which for weeks drove the market-cap weighted TEDPIX forward.   


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