Large-cap shares lift TSE

Financial Tribune – Tehran shares rallied again on Sunday as demand remained high for shares of large companies and amid sell-off in majority of smaller companies.

The benchmark of Tehran Stock Exchange, TEDPIX, added 30,201 points and climbed 2.38% to close trading session at 1,300,828 points.

This is while sell-off hit many micro-cap stocks, mainly in cement, food, sugar and ceramic companies, causing the equal-weighted index comparably lower at 0.48%.