Iran: Stocks Buck 4-Day Rising Trend

Sell-side pressure mounted on Monday in Tehran’s share market to buck a rising trend that has continued for four consecutive sessions.
The main index of Tehran Stock Exchange, TEDPIX, lost 11,003 points or 0.95% to close trade at 1,145,930, with TSE’s equal-weighted index falling 0.66%.
Net capital outflow by retail investors was 5.59 trillion rials ($24 million) with money mostly fleeing bank stocks while some tickers in refinery and mineral sectors experienced a capital inflow.
About 5.16 billion shares valued at 42.37 trillion rials ($176.56 million) changed hands at TSE on Monday.