TEDPIX Closes Near Flatline

Tehran’s share market was choppy on Monday as sell-side pressure mounted in the middle of the session causing shares to pare gains.
The benchmark of Tehran Stock Exchange, TEDPIX, gained more than 6,000 points at the start of trade before retreating toward the flatline as trade closed.
The market cap-weighted TEDPIX gained 1,309.69 points or 0.09% on Monday to finish the session at 1,538,503.
As with most of previous sessions, the TSE’s equal-weighted index climbed 0.55%, indicating that small caps performed better.