Tehran Stocks Down 2%

Tehran stocks on Monday extended losses from the previous session as sell side pressure refused to ease on almost all stock categories. 
TEDPIX, the main index of Tehran Stock Exchange, shed 31,600 points to fall 2.08%. The benchmark retreated from 1.5 million points reached a week earlier and ended the session at 1,484, 158 points. 
The equal-weighted index was in upbeat mode during most of the trading session but later succumbed to sell pressure coming from large-caps to lose 1%. The index gives the same weight to all shares irrespective of their market capitalization.