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TEDPIX Buoyed by Giant Copper Co.

TEDPIX Buoyed by Giant Copper Co.
TEDPIX Buoyed by Giant Copper Co.

The benchmark of Tehran's stock market plunged deep into the red on Tuesday but upbeat performance of a giant listed copper company later in the day wiped much of the losses. 
Reopening of the ticker of National Iranian Copper Industries Company following a 97% capital increase pared more than 10,000 points of TEDPIX loss, the market-cap weighted benchmark of the Tehran Stock Exchange. 
TEDPIX closed the session 5,529.62 points or 0.37% lower to end trade at 1,507,362.  As seen in recent sessions, small caps performed better, pushing up the equal-weighted index by 0.37%. The index gives the same weight to all shares irrespective of their market capitalization. 

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