Share market ticks higher

Financial Tribune – Following a sharp rally a day earlier, Tehran stocks lost momentum again on Tuesday as investors turned their focus away from large-caps to smaller listed companies.

The market-cap weighted benchmark of Tehran Stock Exchange, TEDPIX, closed trading session 0.65% higher and clawed back above the milestone 1,000,000 points.

TEDPIX gained 6,429 points for the day to close trading session at 1,001,610.