Small Caps Outpace Blue Chips

Small cap stocks continued to outperform in Tehran on Monday leaving behind large caps that have stumbled in recent months. 
The day when the main index of Tehran Stock Exchange, TEDPIX, struggled below the flatline, the equal-weighted index eked out relatively strong gains amid high demand for small caps.
TEDPIX, which is sensitive to the performance of listed companies with biggest market capitalization, lost 2,731 points, or 0.2%, to end the session at 1,436, 392.