Tehran Stocks Inch Down 0.6%

Tehran’s share market closed Monday lower as the benchmark of Tehran Stock Exchange, TEDPIX, retreated further from the psychological 1.3 million points. 
The TEDPIX lost 7,582.04 points and dipped 0.59% for the day to end trade at 1,274,467. The TSE’s equal-weighted index was down 0.77%, indicating intense selloff pressure on small caps. 
Only 24% of the tickers gained on Monday comprising 119 shares while prices in 258 others declined.