The Tehran bourse has taken emergency measures to limit transactions after market turmoil followed an overnight aerial bombardment by Iran on Israel.
Stock exchange officials decided in an emergency meeting to lower the daily price fluctuation range to one percent for the next three consecutive days in a bid to cool off the market that was witnessing queues of investors trying to sell off their holdings.
The decision came after a sharp fall on the stock exchange which saw the overall index lose more than 11,000 points at the closing of Sunday’s trading. The steep decline marked one of the biggest recent history drops, reflecting anxieties…
