Business And Markets

TEDPIX Near Flatline

TEDPIX Near Flatline
TEDPIX Near Flatline

Tehran stocks opened trading week on Saturday amid a lukewarm reception of blue chips and relatively high demand for shares of smaller companies. 
The market-cap weighted index of Tehran Stock Exchange, TEDPIX, closed a little above the flatline by climbing 0.07%. The TSE benchmark added 1,123 points to close session at 1,541,822. 
Small-cap stocks were the winners as indicated by the 0.81% rise in the equal-weighted index, which gives the same weight to all shares irrespective of their market cap.   
About 6.99 billion shares valued at 80.95 trillion rials ($269.83 million) changed hands at TSE for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.


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