Historic Drop of the Stock Market Index
The stock market index broke the record for decline by falling more than 123,000 points in one day and experienced a drop of over 5%, causing rumors of Majid Eshghi’s dismissal to spread among stock market enthusiasts.
Accordingly, some media reported that according to the law, when the drop reaches 5%, the stock market must be completely shut down, and the High Council of the Stock Exchange should hold a meeting and annul that day’s transactions, but up to this moment, the market has not yet been closed.
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