Business And Markets

TEDPIX Closes in the Red

TEDPIX Closes in the Red
TEDPIX Closes in the Red

Tehran’s share market extended its losing streak on Sunday as capital outflow continued and retail investors leave in bigger numbers.
The main gauge of Tehran Stock Exchange, TEDPIX, lost 15,565.77 points losing 1.33% to close the session at 1,151,896.
Also impacted by volatility in foreign exchange rates, large caps and big commodity stocks were the main losers as seen in the 2.13% decline in TSE-30 Index, which track the performance of top 30 companies in terms of market cap. This is while the equal-weighted index was down 0.3%. The index gives the same weight to all stocks.


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