Stocks took a fresh drubbing on Monday amid uninterrupted capital outflow and uncertainly among retail investors.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 24,342.31 points or 1.66% to end trade at 1,439,416. This was the second biggest decline since the beginning of fiscal year in March.
The TSE’s equal-weighted index was down more than 2.2% in a renewed sign that small caps are facing bad times.
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