Stocks Slip in Volatile Trade

Share prices closed lower at the end of trading week on Wednesday after most shares moved back and forth in volatile trade.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,769.16 points or 0.34% to end trade at 1,386,466. The market cap-weighted TEDPX lost more than 10,000 points in the middle of trade before paring some of the losses.
Despite partial recovery in most large caps, led by refineries, majority of small caps slumped dragging down the TSE equal-weighted index by 1.4%.