After a short-lived rally a session earlier, sell-side pressure picked up again in Tehran’s share market on Monday, paring early hour gains.
The benchmark of Tehran Stock Exchange, TEDPIX, retreated toward the flatline at the close of trade losing 866.37 points or 0.06% to end trade at 1,342,336.83.
Value of retail trade declined 2.5% to reach 27.64 trillion rials ($921 million), the lowest since June. Retail investors contributed to 6% of the total trade.
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