Stock Market Pares Losses

Tehran stocks extended a bullish trend Monday as a set of supportive measures buoyed up investor sentiments and partially restored their fading trust in the volatile market. 
The main gauge of Tehran Stock Exchange gained 38,656 points and notched up 2.71% to close trading session at 1,465,934 points. 
Tehran’s share market has plunged close to 45% since mid-August after skyrocketing for four straight months.  The TEDPIX has pared about 15% of losses in the past three weeks thanks to measures taken by the stock market regulator to shore up demand.