TEDPIX Sheds 1.8%

Despite noticeable increase in demand in the middle of the trading session on Tuesday, most stocks closed under renewed sell-side pressure.
Adding to the pattern of decline a day earlier, the main gauge of Tehran Stock Exchange, TEDPIX, shed 27,810.93 points or 1.82% to retreat below the psychological 1.5 million points and end trading at 1,496,158.
Sell-side pressure was higher for large caps as seen in the 2.3% drop in the TSE-30 Index, which tracks the performance of to 30 publically traded shares in terms of market cap.  TSE’s equal-weighted index lost 1.64% for the day.