Business And Markets

Tehran Bourse Losses Mount

Tehran Bourse Losses Mount
Tehran Bourse Losses Mount

Iran's stock market logged one the biggest downturns in the past several sessions on Wednesday as relentless sell-off continued to pummel share prices. 
The Tehran Stock Exchange extended the previous session's loss with its main gauge, TEDPIX, plunging 2.93% on the last day of trading week. 
TEDPIX retreated to 1,310,708 points shedding 39,524 points, marking the biggest daily loss in 17 sessions. The equal-weighted index was down 1% indicating that small caps were not hit by sell-off as much as its large cap peers.   


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