Business And Markets

Shares Retreat After Rally

Shares Retreat After RallyShares Retreat After Rally

The benchmark of Tehran Stock Exchange, TEDPIX, lost 18,194 points on Monday drifting lower by 0.9% to retreat below the milestone 2,000,000 points seen on Sunday. It closed trading session at 1,993,330 points.  
While sell-off hit majority of shares, the downturn for large-cap stocks was deeper as seen in the 0.19% drop in equal-weighted index and 2% loss for the TSE-30 index. 
The former tracks all stocks irrespective of market cap and the latter focuses on shares of 30 large companies with the TSE. 


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