Business And Markets

TEDPIX Down 1.5%

TEDPIX Down 1.5%
TEDPIX Down 1.5%

Tehran stocks closed trading week Wednesday lower with major indicators posting big losses to extend a losing streak into the fourth session.
The main index of Tehran Stock Exchange, TEDPIX, lost 18,669.44 points or 1.59% to finish trading at 1,154,844.68.
TSE’s equal-weighted index was down 1.45%, shedding 5,834 points to record the biggest daily decline since February 6. The index gives the same weight to all shares irrespective of their market cap.
About 5.12 billion shares valued at 38.18 trillion rials ($166.01 million) changed hands at TSE for the day. Omid Development and Construction Company was the biggest winner as its shares went up 2.7% to 1,369 per share.


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