Business And Markets

TEDPIX Losses Mount

TEDPIX Losses Mount
TEDPIX Losses Mount

Tehran’s share market Sunday incurred one of the biggest losses in recent days amid retail investors’ continued reluctance to trade plus large-scale capital outflow. 
The benchmark of Tehran Stock Exchange, TEDPIX, shed 19,344 points and fell 1.25% to end trade at 1,534,057.
With mounting selloff pressure on small caps, the TSE’s equal weighted index lost close to 1.8%.
A series of losses over the past week has deterred retail investors who now prefer to move out for understandable reasons.


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