Business And Markets

Large Caps Drag Down TEDPIX

Large Caps Drag Down TEDPIX
Large Caps Drag Down TEDPIX

Tehran Stocks opened trading week Saturday under renewed sell-side pressure in most large listed companies while penny stocks traded moderately.
The market-cap weighted benchmark of Tehran Stock Exchange, TEDPIX, lost 11,308.84 points or 0.88% for the day to retreat to 1,270,727.
Sell-off in giant commodity, investment, bank and auto companies pulled down the TSE-30 Index by 1.55%. The index tracks the performance of top 30 TSE-listed companies in terms of market cap.
The TSE’s equal-weighted index closed near the flatline at 0.03% as early hour sell side pressure on small caps eased in the final moments of session.  


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