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26-08-20
Factors causal to new dropping tendency in stock market
(MENAFN) Iranian capital market, which had been unprecedentedly practicing enlargement in excess of the current months, has been observing a dropping trend more than the past two weeks.
The market, which had supervised to soak up some high quantity of liquidity in the current Iranian calendar year (started on March 20), has approved several successive days of losses lately.
TEDPIX, the major index of Tehran Stock Exchange (TSE), which is Iran's major stock exchange, dropped 89,693 points to 1.813 million on August 16, which was a evidence of every day drop for the index in the history of the country's stock market.
It should be talked about that increasing 45,672 points on August 2, the index had stood at 2.007 million, marking up one more exceptional evidence in the present year.
MENAFN2608202000450000ID1100697289
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