Economy, Business And Markets

Tehran Stock Market Tumbles Again

Tehran Stock Market Tumbles AgainTehran Stock Market Tumbles Again

Another jittery and volatile day for Tehran stocks turned into a frenzy of selling on Saturday as investor sentiment was battered by bearish commodity prices and heavy losses for global markets during the past week. 
Tehran Stock Exchange's main gauge, TEDPIX, tumbled 5,982.70 points leaving the index down 3.31%. TSE’s main index had witnessed a week-on-week decrease of 4,544 points (2%) during the week that ended October 10. 
Saturday's drop came as market observers were hoping for more stability in stocks as the dust from speculative behavior of the past weeks seemed to have settled. 


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