TEDPIX Logs Second Monthly Decline 

Hammered by the deep recession and unending liquidity outflow, Tehran’s share market was stuck in the red in the last calendar month that ended on Friday (July 22). 
In 19 sessions the main index of Tehran Stock Exchange, TEDPIX, shed more than 67,700 points and plunged 4.4% to settle at 1,471,000 points last month.  The benchmark closed seven sessions in positive territory and 12 in the red. 
With the recession apparently here to stay, the TEDPIX logged a second monthly loss after registering a 2.5% decline the month before.