QR codeQR code

Tehran stocks open 3.3% lower

15 Mar 2020 - 16:47


Financial Tribune - Tehran stocks plummeted more than 3.3% at the start of trading week on Saturday amid investors unwillingness to trade and anxious about uncertainty about future market developments.

The market cap-weighted index of Tehran Stock Exchange, TEDPIX, dropped nearly 17,500 points retreating to 502,738 points for the day while the equal-weighted index experienced smaller losses and fell 1.8%.

TSE started a bearish trend since a week ago and has dropped more than 10% during the past five trading sessions, according to analytical stock market website Donyaye Bourse.


Story Code: 372338

News Link :
https://www.theiranproject.com/en/news/372338/tehran-stocks-open-3-lower

The Iran Project
  https://www.theiranproject.com