Share Market Declines Amid Relentless Sell-Side Pressure

Tehran stocks failed to extend the previous session’s rally as broad range of shares slumped at the end of trading week on Wednesday.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,670 points or 0.58% to end trade at 1,488,291.
The TSE’s equal weighted index was down 0.32% indicating that small caps also struggle amid the seemingly omnipresent sell-side pressure.  
About 17.51 billion shares valued at 95.95 trillion rials ($355.4 million) changed hands at TSE for the day.