TEDPIX Shows Signs of Recovery

Tehran’s share market showed some sign of recovery on Monday after a relatively deep correction phase that wiped off almost 13% of the value of stocks in five consecutive sessions of bear market. 
The market-cap weighted benchmark of Tehran Stock Exchange, TEDPIX, closed the day slightly higher, gaining 2,130 points, or 0.12%. 
This is while the equal-weighted index was still down 0.58%, though sell-off pressure eased to some extent. The index gives the same weight to all shares irrespective of their market capitalization.