Tehran’s share market faced a bruising selloff on Tuesday as a wave of panic selling dragged down prices in majority of the tickers.
Under unrelenting sell-side pressure, the benchmark of Tehran Stock Exchange, TEDPIX, lost the psychological support level of 1.3 million points.
The main index shed 30,506 points to plunge 2.34% recording the biggest daily decline in three months. TEDPIX closed the session at 1,275,966 points, the lowest since July.
Add new comment