Tehran’s equity market plunged deeper in the red Monday as panic selling in almost all range of shares continued, raising fresh concerns about the fate of the collapsing market.
Extending a losing streak into the seventh day, the main index of Tehran Stock Exchange, TEDPIX, shed 37,465 points and lost 2.73%.
The market-cap weighted TEDPIX closed Monday’s session at 1,336,592 points, the lowest since June 21. The equal weighted index was down 1.23%, showing that the sell-off mood swept through both small and large caps.
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