Tehran Stocks Slump by Small Cap Shares

Main benchmark of Tehran stocks came out of the gate in green at the close of trading week on Wednesday but lost the upbeat mood later in the session under sell side pressure. 
Shares experienced wild swings between red and green driving the market-cap weighted index of Tehran Stock Exchange, TEDPIX, finally to inch up by 0.38%, gaining 6,600 points to close session at 1,753,678. 
With majority of small-cap stocks being hit by selloff pressure, the equal-weighted index lost 0.89% to settle at 478,686 points.
Tehran stock market witnessed a total trading value of 319 trillion rials ($1.45 billion), according to data released on Tehran Securities Exchange Technology Management Company website.