Business And Markets

TSE Extends Losses

TSE Extends LossesTSE Extends Losses

Stocks lost further ground in thin trading on the Tehran Stock Exchange Saturday with active buying held in check amid a dearth of fresh positive news, both domestic and international. 
Saturday's doldrums was further sign that investors expect no early auspicious momentum as the rial also enjoys relative stability in the currency market. 
The rial jumped to 105,500 against the US dollar on Wednesday from 117,000 at the end of last week - and 152,500 at the end of October. The greenback was traded close to 102,000 rials on Saturday. 


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