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Tehran Stocks Down 1.5%

Tehran Stocks Down 1.5% Tehran Stocks Down 1.5%

Share prices in Tehran were choppy Sunday but sell-side pressure prevailed further pulling down demand. The main index of Tehran Stock Exchange, TEDPIX, closed in red losing 23,173 points or 1.5% to finish at 1,522,980 points. 
The equal weighted index, which gives the same weight to all shares irrespective of their market cap, was down 0.5%. 
Despite decline in shares of many listed companies, the value of trade in both TSE and the junior equity market rose 64% compared with Saturday to reach 170.7 trillion rials ($600 million). 

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