Tehran Stocks Plunge 1.2%

Tehran share market dived deeper on Sunday amid mounting selloff pressure and retail investors’ rushing to exits. 
The main gauge of Tehran Stock Exchange, TEDPIX,   shed 18,955.07 points or 1.25% to end trading at 1,501,340.
Sell-side pressure was higher on commodity shares in light of the weaker dollar in the domestic currency market, which usually negatively impacts the performance of commodities and export-based stocks.