Tehran stocks opened Monday in upbeat mode but sell-side pressure mounted in the middle of trade pushing the majority of large cap stocks into negative territory.
The benchmark of Tehran Stock Exchange, TEDPIX, closed flat for the second straight session. The market cap-weighted index shed 129.85 points or 0.01% ending the day at 1,426,778.77.
As in most recent sessions, the TSE’s equal-weighted index improved slightly gaining 0.35%, reflecting the performance of small caps.
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