Small Caps Outshine Blue Chips

Almost all large cap shares at Tehran Stock Exchange were under unrelenting sell side pressure on Tuesday, while many penny stocks experienced a price surge. 
TSE's main index, the market cap-weighted TEDPIX, fell 0.9% for the day under mounting selloff pressure in blue chips. 
Its equal-weighted index gained close to 0.2%, as small-sized listed companies, especially pharma, agro and tire companies, performed comparably better.