Tehran Stocks Lose 1.4%

Most major market indicators dropped in Tehran's share market Monday driven by excessive offers of large cap stocks. 
The market cap-weighted index of Tehran Stock Exchange, TEDPIX lost 17,427 points or 1.39% for the day to end trading at 1,233,614.
Many penny stocks and small caps performed comparably better as seen in smaller losses for the equal-weighted index. Down 0.44%, the index gives the same weight to all shares irrespective of their market cap.