Tehran Stocks Recover Earlier Losses

Tehran Stock Exchange heaved a sigh of relief on Wednesday when the market recovered from Tuesday’s losses that sent the TSE benchmark 2.7% lower. 
The main TSE index TEDPIX rebounded by 0.2% and regained 522 points from earlier losses to close trading week at 246,790 points. 
Stocks cheered by the positive performance of petrochemical and pharmaceutical companies amid weaker performance of machineries, food, construction and investment groups.