Stocks Rebound in Tehran

The government’s renewed pledge to support the stock market helped boost investors’ sentiment after share prices plunged in recent days. 
The benchmark of Tehran Stock Exchange, TEDPIX, lost close to 6% in the past three sessions before coming back on Wednesday after the government said it was expediting measures announced earlier to revive the long-battered market.
TEDPIX gained 21,441.90 points or 1.78% on Wednesday to end trade at 1,229,368. The rally was led by large caps while most small caps are still under sell-side pressure.