The main benchmark of Tehran Stock Exchange closed trading week on Wednesday slightly above the flatline as most large caps stumbled.
TEDPIX pared most of the gains made in the early hours to end the day 0.16% higher, adding 2,183 points to finish at 1,410,767.
Small caps performed relatively better rising 0.73% in TSE’s equal-weighted index, which tracks the performance of shares irrespective of their market caps.
About 7.62 billion shares worth 75.99 trillion rials ($281.4 million) changed hands at TSE for the day. Trading at TSE and the junior equity exchange Iran Fara Bourse starts on Saturday and ends Wednesday.
Fanavaran Petrochemical Company was the biggest winner as its shares went up 5% to 14,070 rials per share.
Shafa Darou Investment Company incurred the biggest loss among all TSE-listed companies and went down 4.9% to 38,220 rials per share.
Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by Persian Gulf Petrochemical Industries Company, Mines and Metals Development Investment Company and National Iranian Copper Industries Company.
Fanavaran Petrochemical Company gave the biggest boost to the benchmark index followed by Social Security Investment Company, Pardis Petrochemical Company and Bahman Group Company.
IFX Under
Iran Fara Bourse main index, IFX, closed slightly under the flatline and lost 9.64 points or 0.05% to close Wednesday trade at 20,243.
About 3.3 billion securities valued at 46.13 trillion rials ($170.8m) were traded at the junior exchange.
Marun Petrochemical Company had the highest number of traded shares and trade value as 1.24 billion of its shares worth 10.15 trillion rials ($37.6m) were traded.
Pasargad Insurance Company, Zagros Petrochemical Company, Damavand Power Generation Company and Hormozgan Steel Company had the most negative impact on IFX.
Iran Cultural Heritage and Tourism Investment Group gave the biggest boost to IFX, followed by Iran Fara Bourse, Kowsar Insurance Company and Lavan Oil Refining Company.
