Iran: Bourse at Lowest Level in One Year

Tehran stocks plummeted on Sunday to levels a year ago with the Tehran Stock Exchange main index giving away 1.8%.
Following a sharper decline in large caps, the TEDPIX shed 20,303.42 points to close at 1,107,915.12 points, wiping out whatever little gains it had made in the past 12 months.
The TSE’s benchmark reached its apex in mid-August at 2.1 million points after falling into a tailspin ever since. Except for subtle gains in some penny stocks, almost all share categories fell on Sunday including large caps with refinery shares hit the hardest.
The TSE-30 Index was down more than 2.4% and the TSE’s equal-weighted index lost 1%. While the former tracks the performance of top 30 large cap companies, the latter gives the same weight to all shares irrespective of their market cap.