Business And Markets

Small Caps Rise  

Small Caps Rise  
Small Caps Rise  

Tehran stocks rebounded on Tuesday to buck a five-day losing streak as small caps were well received by retail investors.  
The equal-weighted index of Tehran Stock Exchange gained close to 1.3% for the day as most penny stocks experienced price rises. 
This is while the TSE's main index, the market cap-weighted TEDPIX, lagged behind and barely gained 0.49% or 6,985.71 points, finishing trade at 1,431,477.
At the close of the session, 124 tickers were in negative territory while 520 others gained, accounting for 81% of the stocks. 


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment