Business And Markets

Tehran Stocks Edge Down

Tehran Stocks Edge Down
Tehran Stocks Edge Down

Tehran stocks were choppy in the beginning of trading week on Saturday as an early hour rally gave in to sell-side pressure at the close of the session.
The benchmark of Tehran Stock Exchange, TEDPIX, shed 3,797.68 points and lost 0.26% to finish trading at 1,480,830. TEDPIX is sensitive to price changes in large caps.
Small caps and penny stocks performed better as the TSE’s equal-weighted index resisted moving into negative territory and closed 0.08% higher.
About 12.87 billion shares valued at 90.58 trillion rials ($362.32 million) changed hands at TSE for the day.


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