Business And Markets

Stock Trade in Distress

Stock Trade in Distress
Stock Trade in Distress

Stocks in major listed companies closed Sunday’s session under heavy sell-off pressure amid mounting uncertainty among investors about what lies ahead. 
The main index of Tehran Stock Exchange, TEDPIX, lost more than 3% and shed 47,171 points. The benchmark closed trade at 1,514,244 points -- the lowest since June 29. 
Large-cap stocks in major metal, refinery, banks, auto and petrochemical companies were hit hard as shown by the more than 4.1% decline in the TSE-30 Index. The index tracks performance of 30 TSE-listed companies with the highest market capitalization. 


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