Business And Markets
0

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.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com