Business And Markets

Tehran Stocks End Weak Session

Tehran Stocks End Weak SessionTehran Stocks End Weak Session

The stock market was weak today, and although the market's main gauge TEDPIX remained positive for the second day in a row sectors that have been strong of late weren't and the fervor for bank stocks also abated.  
The humdrum trading comes as investors still feel no appetite for fundamentally appealing stocks namely commodity and refinery companies.  
Equity indices extended declines for the third session on Monday, tracking weakness in commodity stocks and uncertainty regarding the future of export-based companies. Tehran Stock Exchange main index shed 1,600 points on Sunday. 


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