Stock Rally Fades

Tehran stocks failed to maintain the previous session rally on Tuesday as jittery investors again rushed to the exits with more than 5 trillion rials ($20 million) in capital outflow. The main index of Tehran Stock Exchange, TEDPIX, lost 25,388 points, or 1.77%, to end trading at 1,411,824.
Stocks were choppy as most tickers began trade in positive mode in the early hours only to succumb later to sell-side pressure in big listed companies. 
The equal weighted index was also down 0.8%. The index gives the same weight to all shares irrespective of their market cap.