Business And Markets
0

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. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com