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Tehran Stocks Close Lower

Tehran Stocks Close Lower
Tehran Stocks Close Lower

Tehran stocks ended lower Tuesday amid persistent capital outflow by retail investors and a steep decline in value of deals. 
The benchmark of Tehran Stock Exchange, TEDPIX, lost 7,615.55 points or 0.49% to end at 1,539,632.
The TSE’s equal-weighted index lost more than 0.7%, indicating higher selling pressure on small stocks. 
Retail trade plunged 20% on the session before to reach 36.74 trillion rials ($118 million).

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