Baku, Azerbaijan, June 7
By Khalid Kazimov - Trend:
The downward trend at the Tehran Stock Exchange (TSE) continues as the TSE main index dropped by 254 points, reaching 75,874 on June 7.
According to the TSE website, 934 million shares, worth more than $100 million, were dealt in 63,994 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 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.