Tehran Bourse Facing New Sell-Side Pressure

Tehran stocks opened trading week on Saturday in negative territory amid renewed selloff in most commodity stocks. 
The benchmark of Tehran Stock Exchange, TEDPIX, lost 5,513.97 points or 0.43% to end trade at 1,282,796.
The TSE-30 Index lost 0.7% while its equal-weighted index shed a little more than 0.2%, indicating that penny stocks outperformed. 
TSE-30 index tracks the performance of top 30 companies in terms of market cap.