TEDPIX Slips 0.5%

After a downturn a session before, sell-side pressure eased in the final hours of trade on Tuesday but supply still outweighed demand.
The benchmark of Tehran Stock Exchange, TEDPIX, again closed in negative territory losing 7,715.99 points or 0.54% to end trade at 1,408,582.
Institutional investors were the main players as the value of retail trade declined. Trade by retail investors amounted to 43 trillion rials ($153 million), which was 10% lower than Moonday.   
About 4.76 billion shares valued at 45.58 trillion rials ($168m) changed hands at TSE for the day. Trading at TSE and junior equity exchange Iran Fara Bourse starts on Saturday and ends Wednesday.