Business And Markets

TEDPIX Slightly Higher

TEDPIX Slightly Higher
TEDPIX Slightly Higher

Relentless sell-side pressure in the previous session eased to some extent on Sunday amid a rise in demand for large caps.

The benchmark of Tehran Stock Exchange, TEDPIX, opened in the negative territory but pared losses in the middle of the session to close 3,480.87 points or 0.25% higher and fend  trading at 1,386,973.

TSE’s equal-weighted index closed slightly under the flatline and lost 0.5%. Unlike the market cap-weighted TEDPIX, the index better reflects the performance of small caps.   


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