Tehran Stocks Dive Deeper

Tehran stocks fell deeper on Sunday extending a losing streak that has dominated the market for more than two weeks. 
The benchmark of Tehran Stock Exchange, TEDPIX, shed 65,023 points to plunge further by 3.76% and close trade at 1,662,215. It now stands at a point reached almost one and a half month ago, on July 5. It has parted ways from the historic peak by a solid 500,000 points. 
The downturn came despite the fact that observers expected a better sentiment on Sunday after bourse officials decided to adopt supportive measures a day earlier to prop up the market.