Business And Markets

Stocks Plunge After Big Gains 

Stocks Plunge After Big Gains 
Stocks Plunge After Big Gains 

Tehran Stock Exchange's main index, TEDPIX, lost 56,819.18 points or 3.45% on Saturday to end at 1,590,495.45. The TSE equal-weighted index followed suit plunging 2.43%. The huge losses come on the heels of rare rallies seen last week.  
About 15.62 billion shares worth 87.2 trillion rials ($300.7 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.
Parsian Electronic Commerce Company was the winningest as its shares jumped 6.87% to 3,034 rials per share.


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