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Tehran Stocks Slide 0.4%
The main index of Tehran Stock Exchange, TEDPIX, shed 5,958.24 points or 0.41% on Sunday to end trade at 1,444,086.
Sell-side pressure swept almost all shares as the TSE’s equal-weighted index, too, lost 0.4%. Unlike the TEDPIX, the index gives the same weight to all shares irrespective of their market cap.
Retail trade plunged 18% from the session before to reach 33.87 trillion rials ($116 million). About 7.11 billion shares valued at 43.33 trillion rials ($149.4m) changed hands at TSE for the day.
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