Business And Markets

Share Market in Twilight Zone

Tehran’s equity market plunged deeper in the red Monday as panic selling in almost all range of shares continued, raising fresh concerns about the fate of the collapsing market.  
Extending a losing streak into the seventh day, the main index of Tehran Stock Exchange, TEDPIX, shed 37,465 points and lost 2.73%. 
The market-cap weighted TEDPIX closed Monday’s session at 1,336,592 points, the lowest since June 21.  The equal weighted index was down 1.23%, showing that the sell-off mood swept through both small and large caps.  


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