Tehran Stocks Extend Losses

Opening in positive territory in the early hours, Tehran stocks reversed course in the mid-trading session and finally ended trade in the red on Wednesday. 
The main index of Tehran Stock Exchange, TEDPIX, gained almost 40,000 points in the first hours of trading but later retreated and ended 24,298 points lower than the previous session’s close as sell-off pressure mounted. 
The TEDPIX lost 1.22% for the day and moved further away from the critical 2 million points to close trading session at 1,975,544 points.