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TEDPIX Loses 4,200 Points

TEDPIX Loses 4,200 Points
TEDPIX Loses 4,200 Points

Tehran Stock Exchange closed trade in negative territory Monday after setting new highs in consecutive rallies in earlier sessions. 
The TSE's market-cap weighted index, TEDPIX, lost 4,230 points Monday to drop 0.74% and retreat back to 569,680.4.
Selloff apparently hit mainly large-cap companies that have the most impact on TEDPIX as equal weighted index ended in the green. The latter gives the same weight to all stocks, irrespective of their market cap. 
Monday marked a historic record in retail value as individual investors conducted 58.52 trillion rials ($365.7 million) in trade, according to Donyaye Bourse website. 

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