TSE Closes Flat

Shares closed on Tuesday subtly above the flatline amid steep decline in trade amid investors’ preference to wait and see.
The main index of Tehran Stock Exchange, the market cap-weighted TEDPIX, gained 708.09 points or 0.05% to end trade at 1,425,440.
Majority of small caps were again under sell-side pressure, dragging down the TSE’s equal-weighted index by 0.34%.
Value of trade declined 58% compared with a session before and net capital outflow by retail traders stood at 2.63 trillion rials ($10 million).