Holidays were truly over for Tehran’s stock market, as the last trading week came to a close on April 11.
No more limited trade volume, lethargy in anticipation of political risks and creeping growth on the back of a devaluing currency, as traders had their epiphany.
The trading week (April 7-11) proved to be a disruption in the continuous, yet limited growth for stocks kick-started since the new fiscal year’s beginning (March 21).
TSE’s main index TEDPIX lost 864 points or 0.9% during the week to close at 96,287.
Iran Fara Bourse’s benchmark index IFX dropped 42.6 points or 3.8% to stand at 1,064.1.
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