Tehran: Small Company Stocks Shine Amid Index Fall

Tehran Stock Exchange's main gauge, TEDPIX, slumped for the second straight day on Wednesday as investors remained cautious given the uncertainty about the commodity and oil prices as well as the global trade picture.  
The uncertainty led to big declines in base metal and petrochemical stocks as they had the most negative effect on the index. The sour sentiment did not stay in these groups however as bank and auto stocks also took a drubbing. The bright spot in the midst of the down market was smaller companies with food stocks especially doing well.