Business And Markets

TEDPIX Gives Up 1.5%

TEDPIX Gives Up 1.5%
TEDPIX Gives Up 1.5%

Extending losses in the previous session, Tehran stocks plunged at the close of trade on Wednesday as panic selling took hold.
The market cap-weighted benchmark of Tehran Stock Exchange, TEDPIX, lost the critical 1.4 million points level giving up 1.5%. The benchmark shed 21,236.26 points to end trade at 1,397,446 points.
As with most of previous sessions, small caps were the biggest losers dragging down the TSE’s equal-weighted index 2.2%. The index better reflects the performance of stocks of small-sized listed companies.


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