Tehran Stock Rally Short-Lived

Tehran stocks stumbled again on Sunday after a short-lived rally a session earlier with selloff pressure on almost all share categories.
Crossing the 1.3 million level a day earlier, the benchmark of Tehran Stock Exchange, TEDPIX, lost the critical level on Sunday and dived deeper. It shed 13,870 points or 1.06% to end trade at 1,291,665 points.
Net capital outflow by retail investors continued for 17th consecutive session, amounting to 4.14 trillion rials ($14 million) for the day, up 310% on the session before.