Business And Markets

TEDPIX Sheds More Points

TEDPIX Sheds More Points
TEDPIX Sheds More Points

With deep recession battering Tehran’s share market, the major index of Tehran Stock Exchange, TEDPIX, declined on Sunday to log ten consecutive decline in a row. 
The market cap-weighted TEDPIX lost 9,820 points or 0.79% on Sunday to end trading at 1,230,876. The loss was smaller at 0.2% for the equal-weighted index that reflects the performance of small caps. 
About 1.74 billion shares valued at 19.96 trillion rials ($79.87 million) changed hands at TSE for the day. Behshahr Industrial Development Company was the biggest winner as its shares went up 4.55% to 26,180 rials per share.


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