Tehran stocks experienced one of the biggest downturns at the start of trading week on Saturday extending a losing streak into the fourth day.
The main index of Tehran Stock Exchange, TEDPIX, lost 72,180 points and fell 3.65%, the highest since the past five months. TEDPIX closed session at 1,903,259 points.
TSE has lost 8.4% of its gains and more than 6,500 trillion rials ($30 billion) of market capitalization in four consecutive sessions of bear market, according to market data from the Tehran Securities Exchange Technology Management Company.
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