Tehran Stocks Tumble

Following two consecutive rallies, stocks dipped in Tehran on Tuesday amid investor caution in wanting tp protect their earlier gains.

Financial Tribune- Main gauge of the Tehran Stock Exchange shed more than 1,700 points to fall 0.7%.
The market entered negative territory during the later hours of the trading day after a large number of investors who had made big profits in earlier sessions joined the selloff.
Selloff particularly hit the shares of small companies, resulting share prices to plunge 2-3%.

Jul 24, 2019