Tehran Stock Exchange main index still falling
Baku, Azerbaijan, June 6
By Khalid Kazimov - Trend:
The downward trend at the Tehran Stock Exchange (TSE) continues as the TSE main index dropped by 31 points, reaching 76,128 on June 6.
According to the TSE website, 872 million shares, worth more than $200 million, were dealt in 66,958 transactions by the end of the day at the stock exchange.
Over the past two months since the start of the new Iranian year (started on March 20), the TSE main index has fallen by more than 760 points.
The downward trend in the TSE comes following an extremely positive reaction to the implementation of the Joint Comprehensive Plan of Action (JCPOA) Jan. 16, which resulted in the removal of the nuclear-related sanctions imposed on the Islamic Republic's key energy and financial sectors.