Economy, Business And Markets
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Tehran Stock Market in Hibernation

Business & Markets Desk
TSE’s main index shed 1,101 points or 1.1% during the week that ended on March 7 to close at 96,860.3, as Iran Fara Bourse’s benchmark index gave up 12 points or 1.1% to stand at 1,808.2
Over 6.39 billion shares valued at $322.06 million were traded on TSE during last week.Over 6.39 billion shares valued at $322.06 million were traded on TSE during last week.
Political risks, mainly over the prospects of the 2015 nuclear deal signed between Iran and world powers being abandoned amid rising tensions between Iran and the US, have also fuelled uncertainty for traders coupled with volatility in the foreign exchang

Bears are dominating the equity market in the dying days of winter. 
One could argue that it’s always like this, as the fiscal year draws to a close, but this year has been more intense. 
For one thing, the government's budget deficit urges it to flood the market with fresh debt securities. For another, semi-private entities such as banks enter the market with new block sales and vie for liquidity through rapid initial public offerings.
TSE’s main index TEDPIX shed 1,101 points or 1.1% during the week that ended on March 7 to close at 96,860.3.

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