published by: Admin
Stock Market Sell-Off: TEDPIX Plunges 2.6%
ehran’s share market on Sunday experienced its second biggest loss in six months as investors forayed to sell in the middle of the trading session.
The benchmark of Tehran Stock Exchange, TEDPIX, lost the critical 1.5 million level and plunged 40,466.94 points, falling 2.64% and retreating to at 1,489,994.
The sell-off swept across the board, dragging down the TSE-30 Index by 3.16% and causing the TSE’s equal-weighted index to plunge 2.87%, marking the biggest daily loss for the equal-weighted index in six months.
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