While many ticker symbols of listed companies were under sell-off pressure, the main index of Tehran Stock Exchange closed in positive territory on Tuesday.
The TSE market-cap weighted index, TEDPIX, gained 1,938.34 points, or 0.30%, on for the day to end trading session at 626,466.3.
However, sell-off in many small-cap companies caused the equal-weighted index to close at the red zone and drop 0.24%.
About 5.55 billion shares valued at 52.54 trillion rials ($334.65 million) changed hands at TSE for the day.
Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.
Leasing Khodro Ghadir Company was the biggest winner as its shares went up 13.31% to 8,326 rials per share.
Luleh and Mashinsazi Iran Company incurred the biggest loss among all TSE-listed companies and went down 4.93% to 24,656 rials per share.
Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by Bandar Abbas Oil Refining Company, Tehran Oil Refining Company and Pars Petrochemical Company.
Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark index, followed by Mobile Telecommunication Company of Iran, Golgohar Mining and Industrial Company and Telecommunication Company of Iran.
The Price Index gained 516.41 points, or 0.31% to close at 166,937.7. The First Market Index lost 1,004.8 points, or 0.23% to post 439,307.0. Second Market Index went up 14,676.11 points, or 1.10% to reach 1,345,642.7.
The Industry Index was up 2,154.03 points or 0.39% to register 556,175.05. The Free Float Index was down 3,012.6 points to hit 795,237.0. TSE 30 went up 62.49 points to settle at 24,490.1 and the TSE 50 ended 173.61 points higher to finish at 22,595.5.
IFX Down 0.57%
As opposed to the TSE, Iran Fara Bourse closed in the red. IFB’s main index, IFX, lost 45.72 points, or 0.57%, to close Tuesday trade at 7,997.09.
About 4.86 billion securities valued at 35.92 trillion rials ($228.81 million) were traded at the over-the-counter exchange.
Esfahan Steel Company had the highest number of traded shares as 264.23 million of its shares worth 893.32 billion rials ($5.69 million) were traded.
Shahid Tondgooyan Petrochemical Company, Esfahan Steel Company, Zagros Petrochemical Company and Mehr Ayandegan Financial Development Group Company had the most negative impact on IFX.
Saba Tamin Investment Company gave the biggest boost to IFX, followed by Marun Petrochemical Company, Arfa Iron and Steel Company and Hormozgan Steel Company.