TEDPIX Weekly Loss at 4%

Tehran stocks closed the week in the red logging the fourth consecutive week of negative returns amid investors rush to take their money and flee. 
The main index of Tehran Stock Exchange, TEDPIX, shed 50,000 points during five trading sessions last week that ended Wednesday, losing 3.9%. 
The market was bearish in four out of the five sessions, logging a rally in the last trading session spurred by a fresh government pledge to support the stock market. 
Small caps registered bigger losses, dragging down the TSE’s equal-weighted index by more than 5%. 
Average daily retail trade reached 28.05 trillion rials ($100 million), rising 22% compared with average daily trade a week ago. 
Capital outflow by retail investors was reported at 27 trillion rials ($96m) during the week, rising 36% on the week before.
Capital has fled the market at increasing speed in recent months as nervous investors lose hope in market recovery. 
Moving that exited the market in the past six months is estimated at 360 trillion rials ($1.3 billion), according to Eqtesad News.  
The government under President Ebrahim Raisi has so far failed to rescue the plunging share market and restore the trust of millions of retail investors who have lost much of their savings. 
Caption: Capital has fled the market at increasing speed in recent months as nervous investors lose hope in market recovery.