TEDPIX Drops 6% in 1 Week

Extending a bearish trend that started on Sunday, Tehran’s share market stumbled Wednesday closing the trading week with negative returns. 
The main index of Tehran Stock Exchange, TEDPIX, lost 15,000 points to drop more than 1%, putting the total loss this week at 6%.
On Wednesday, however, the sell side pressure eased in the later hours and the TSE benchmark rebounded from a 28,000-points loss in early trade. This could bode well for trade on Saturday.