TEDPIX Snaps Winning Streak

Tehran Stock Exchange broke a six-day winning streak as investors shifted their attention away from commodity stocks. The market's main index was able to grow by 2.5% during the past six sessions and pare some of the past heavy losses. 
Commodity and refinery stocks, which had gained renewed attention after recovery in global oil prices,  failed to meet the expectations of investors after they digested their earnings’ reports. 
This is while car stocks rose again after Saipa followed in the footsteps of its arch rival Iran Khodro on Saturday to increase factory prices by 30%. The latest development came as regulatory agencies allowed the two carmakers to raise prices within a close market margin from January 21.