Tehran Bourse Losses Mount

Iran's stock market logged one the biggest downturns in the past several sessions on Wednesday as relentless sell-off continued to pummel share prices. 
The Tehran Stock Exchange extended the previous session's loss with its main gauge, TEDPIX, plunging 2.93% on the last day of trading week. 
TEDPIX retreated to 1,310,708 points shedding 39,524 points, marking the biggest daily loss in 17 sessions. The equal-weighted index was down 1% indicating that small caps were not hit by sell-off as much as its large cap peers.