With a feeling of uncertainty and nervousness cast over the future of stocks and disappointment with government pledges to buttress the market, Tehran shares fell again on Wednesday.
The main gauge of Tehran Stock Exchange, TEDPIX, lost 68,094 points and fell 3.7% to close trade at 1,757,257 points.
Wednesday’s plunge put TSE losses at 11% in five days starting from Saturday. Market data showed significant capital outflow on Wednesday by retail investors who sold shares worth 12.64 trillion rials ($55 million).
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