Small-cap stocks dip in Tehran market

Financial Tribune – After climbing 13% last week, the Tehran Stock Exchange lost some momentum at the opening of trading week on Saturday as sell-off visited majority of shares.

TSE opened more than 35,000 points higher in the early hours of trade only to slide later as sell-off pressure mounted.

However, TEDPIX closed the session 8,466.12 points higher, up 0.52% on Saturday to end trading at 1,621,367.52.