Tehran Stocks Buoyed by Small Caps

After consecutive rallies led by large caps and blue chips, investors now appear to be leaning towards small caps that were largely sluggish in previous sessions. 
While there was a general upbeat mode in the Tehran share market on Monday, the equal-weighted index of Tehran Stock Exchange outpaced TEDPIX, the TSE’s market cap weighted benchmark.
TEDPIX gained 10,842.74 points, or 0.87%, to close trade at 1,254,561.75. The TSE’s equal-weighted index climbed close to 1.2%, recording the highest daily growth since Feb. 13.