Tehran Stocks Buck 11-Day Decline

Tehran’s stock market moved into positive territory on Tuesday after posting declines for eleven straight sessions, thanks to rise in demand for large caps. 
The main gauge of Tehran Stock Exchange, gained 18,398 points to climb 1.5% closing at 1,244,556 points. Surge in blue chips and large caps pushed up the TSE-30 Index by 2.7%. The index tracks the performance of 30 top listed companies in terms of market cap. 
Amid investor enthusiasm for large caps, small caps struggled as seen in the subtle 0.12% hike in the equal-weighted index.