Tehran Stocks Pare Losses

Tehran stocks ended trading week on Wednesday in positive territory to buck a bearish trend that dominated the market for three sessions in a row. 
The main gauge of Tehran Stock Exchange, TEDPIX, pared 1.34% of earlier loss and gained 12,416 points to stand at 938,549 points for the for the day. 
The TSE benchmark had lost more than 8% during three sessions of market correction. 
Stocks opened the early hours under sell-off pressure before making a comeback later as demand rose for stocks of large cap companies.