Business And Markets

Tehran Stocks Give Up 1%

Tehran Stocks Give Up 1%
Tehran Stocks Give Up 1%

After eight consecutive sessions of bear market, Tehran stocks showed signs of recovery on Wednesday as some sell-off pressure eased in the later hours of trade.
Adding to the string of losses, the main index of Tehran Stock Exchange, TEDPIX, plunged by 24,000 points in the early hours but later pared some of the loss as demand improved. 
The TSE's main index finally lost 13,741.6 points, or 1.06%, on Wednesday to end trading at 1,288,286.47.
About 7.86 billion shares valued at 71.29 trillion rials ($254.62 million) changed hands at TSE for the day.


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