Stocks Buck 4-Day Rising Trend in Iran

Tehran stocks paused on Sunday after rallying for four consecutive sessions as commodity stocks went into correction phase after relative gains.
The main index of Tehran Stock Exchange, TEDPIX, closed a little below the flatline and dipped 0.07%. The TSE benchmark shed 783 points to end at 1,188,811 points.
While investors in commodity stocks largely lined upon the sell side to save past gains, auto stocks were the top winners on Sunday followed by shares in transportation and banking.
Penney stocks were hit hard by sell-off as seen in the more than 1% drop in equal-weighted index, which gives weight to all share irrespective of their market cap.