Tehran Stocks End Week Flat

Tehran Stock Exchange ended trading Wednesday on a flatline following a drubbing in the foreign exchange market.   
The steep decline in currency prices bucked a bullish trend that dominated the stock market for 17 trading sessions. 
The main index of TSE TEDPIX lost 47.83 points, or 0.01%, on Wednesday to end trading week at 339,386.6. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.
Tehran’s stock market had kept the same pace as the currency market over the past month as investors eyed rising prices for stocks of export-based companies in light of the weakening rial.