Tehran Stock Exchange Extends Gains

Stocks continued to extend earlier gains on Wednesday, amid rising demand for the equities of small companies.
The main index of Tehran Stock Exchange, TEDPIX, gained 668 points, or 0.27%, to end trading week at 248,943 points.  
Investors were mainly interested in buying equities offered by pharmaceutical, ceramic and machinery companies. This is while stocks owned by major listed companies in steel sectors were hit by selloff pressure.
On the international front, Chinese shares fell on Wednesday amid waning investor optimism over progress in trade negotiations between the United States and China, according to a Reuters report.