Tehran Stocks Slump Under Bruising Selloff

After a brief hiatus a session earlier, the downward trend in Tehran’s share market resumed on Tuesday with sell-off sweeping across all share categories.
Major stocks saw the biggest decline last month. The main index of Tehran Stock Exchange, TEDPIX, lost 38,772.24 points or 2.66% to end trading at 1,418,721.12. TSE’s equal-weighted index took a bigger drubbing and dived 3%.