Business And Markets
0

Tehran Markets Post Another Losing Streak

Tehran Markets Post  Another Losing Streak
Tehran Markets Post  Another Losing Streak

Tehran Stock Exchange suffered another negative week as indices fell.

In the five trading days, TSE's overall index, TEDPIX, lost 106,000 points, or 4.65%. The equal-weighted index was down 4.54% or 35,000 points. Iran Fara Bourse main index, IFX, plunged 3.35% or 969 points.

According to Eghtesadnews, the value of retail trade during  the week failed to impress. It posted slight increase in value only on Wednesday.

During the week, the market showed inflow of money only once as investors focused on pulling money out on the other four days.

On Wednesday, real investors injected about 2 trillion rials   into the market. However, on other days, this category of investors was more inclined on the sell-side.

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com