Business And Markets

Share Market Losses Mount

Stocks End Lower
Stocks End Lower

Tehran stocks closed trading week on Wednesday under unabating pressure from sellers and extended the losing streak into the third session.
The main gauge of Tehran Stock Exchange, TEDPIX, lost 17,007.53 points and dived 1.25% for the day retreating to 1,340,120 points.
Retail trade declined by another massive 9% to reach 32.08 trillion rials ($110 million) -- the biggest fall in six months. Retail deals accounted for almost 64% of the total trade on Wednesday.


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