Business And Markets

TEDPIX Falls 0.4%

TEDPIX Falls 0.4%
TEDPIX Falls 0.4%

Despite some ease in sell side pressure on Monday, Tehran’s share market again closed in negative territory amid noticeable increase in the value of deals. 
The main index of Tehran Stock Exchange, TEDPIX, lost 4,757.34 points or 0.39% to end trading at 1,226,119. The TSE’s equal-weighted index dropped 0.15%, indicating smaller loss in penny stocks. 
Monday saw 43% growth in value of deals by retail investors and 31% decline in net value of capital outflow compared with a session before. This was perceived as a positive sign that most share prices may reenter the positive zone in the coming days and after two full weeks of consecutive losses.   


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