Business And Markets

Share Market Down Overall

Share Market Down Overall  Share Market Down Overall

Tehran stocks piled up more losses on Tuesday as the sell-off of majority of shares continued unabated but the overall volume of share sales kept diving. 
The main index of Tehran Stock Exchange, TEDPIX, lost 37,185 points and dropped 2.31%. The benchmark fell below the supportive level of 1.6 million points to close at 1,570,010, the lowest since June 30. 
Tuesday’s trade also featured a steep decline in value of trade as many sale orders remained unprocessed amid uninterested buyers. TSE trade value reached 19.5 trillion rials ($82.85 million), much lower than the average 100 trillion rials a month in the not too distant past, according to data released by the Tehran Securities Exchange Technology Management Company. 


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