Tehran Stocks Buck Weekly Trend

Tehran stocks showed signs of recovery in the middle of the last trading week after posting a string of losses over several weeks.
The benchmark of Tehran Stock Exchange, TEDPIX, closed trading week slightly in positive territory, gaining 4,456 points or 0.3% overall. This index lost 3% a week before.
Big gainers were mainly large caps, which enjoyed strong support from institutional traders. Except for a rally in the previous session on Wednesday, small caps stumbled throughout the week dragging down the TSE equal-weighted index by 0.6%. However, that was still an improvement over the 5% decline a week before.