Business And Markets

Tehran Stocks Lukewarm

Tehran Stocks Lukewarm
Tehran Stocks Lukewarm

After a short-lived rally in the earlier session, sell-side pressure loomed large in Tehran’s share market on Tuesday reflecting investor nervousness in the highly volatile market.
The benchmark of Tehran Stock Exchange, TEDPIX, shed 2,521.58 points or 0.18% to close trade at 1,404,611.
Mounting pressure from sellers swept across a broad range of small caps dragging down the TSE equal-weighted index by  0.5%.
Despite the downswing, the market saw liquidity inflow by retail investors for the two straight sessions.  Net capital input amounted to 1.18 trillion rials ($4.2 million) mainly into  petrochemicals.


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