Business And Markets

Stocks Close Below Flatline

Stocks Close Below Flatline
Stocks Close Below Flatline

After a strong rally, sell-side pressure picked up on Sunday, causing a majority of shares pare some of the previous gains.

The benchmark of Tehran Stock Exchange, TEDPIX, was in positive zone in the early hours of the session before moving toward the flatline at the close of the trade.   

The market cap-weighted TEDPIX lost 1,402 points or 0.1% to finish trading at 1,436,062.

Losses in small caps were bigger as indicated in the close to 1% decline in TSE’s equal-weighted index.


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