Azerbaijan, Baku, Aug. 6 / Trend /
Tehran Stock Exchange index started to decline in trading on Saturday by drop of 227 units because of the global stock market fluctuations.
The growing concern over US and Europe financial crisis in recent days shadowed Iran's stock market where big companies like Mubarakeh Steel Company, Development of Mines, Zinc Mines Development, Ghadir Investment Company and Iran Investment Company shares dropped.
Despite companies like Sadra who depend on final effects of new oil minister, there was no line of regular customers on Tehran Stock Exchange Saturday.
Most companies including SIAPA, Khark Petrochemical, National Iranian Copper Industries Co faced maximum fall of their shares which led to 227 unit fall of index on first hours of trading to 28,089 units