Shares Buck Declining Trend

After three consecutive weeks of losses, Tehran stocks bucked the declining trend in the week (ending Wednesday) making slight gains despite the pattern of capital outflow.
The benchmark of Tehran Stock Exchange, TEDPIX, closed trading week 0.7% higher, gaining 9,300 points. The TSE’s equal-weighted Index too climbed 0.7% indicating that both the large and small caps were abreast.
Retail trade Wednesday was reported at 138 trillion rials ($460 million) -- down 17% on the session before. Average trade by retail investors was 27.61 trillion rials per day compared to the 33.3 trillion rials ($112m) daily average a week before.