Tehran Stocks Log 6% Weekly Loss

Tehran stocks closed most trading sessions last week in negative territory as panic selling lingered and money keeps flowing out the market.
The main gauge of Tehran Stock Exchange, TEDPIX, slumped in four out of the five sessions in the previous Iranian business week, according to the Persian-language economic website Eqtesad News.
The benchmark shed 90,400 points last week and dropped 6%, losing the critical 1.4 million point support level closing at 1,397,284.