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Tehran Stocks Shed 2,000 Points

Tehran Stocks Shed 2,000 Points Tehran Stocks Shed 2,000 Points

Tehran Stock Exchange started the trading week in red among massive selloff by jittery investors to save their previous gains. 
The main index, TEDPIX, shed 2,189 points on Saturday to close the trading day at 209,154 points. 
Investor dominance in the buying position pushed up stocks in midday trading allowing TEDPIX to briefly touch 212,000 points.  However, later stocks underwent massive selloff pressure in a wide range of stocks. 
Metal and auto shares contributed the most to the fall. Auto stocks have been suffering from data showing big declines in car production in the previous month.  

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