Tehran stocks fell on Sunday as the Tehran Stock Exchange benchmark, TEDPIX, faltereds near the psychological level of 2 million points and chart patterns suggested correction in the prices of blue chips.
The market-cap weighted TEDPIX shed 6,776 points for the day, dropping by 0.35% to close the trading session at 1,946,134 points.
Sunday’s trade featured a massive sell-offs in a number of large-cap shares, mainly base metals, minerals and petrochemical companies, most of which were among the top-performers for weeks.
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