Tehran stocks opened the week on Saturday lukewarm with the main market indicators near the flatline.
The main index of Tehran Stock Exchange, TEDPIX, gained 1,601.42 points or 0.11% to end trade at 1,473,499.
The TSE’s equal-weighted index was up barely 0.17% and the TSE-30 Index gained 0.11%.
Seen as a better benchmark for gauging the performance of small caps, the former index gives the same weight to all stocks while the latter tracks the performance of top 30 companies in terms of market cap.
Retail trade improved but capital outflow by retail investors continued for 26th session in a row. Retail trade plunged to the lowest in the past 14 months on Wednesday to reach 16.93 trillion rials ($54.6 million).
Trade by retail investors amounted to 28.14 trillion rials ($90.77m) on Saturday, up 66% on the session before.
About 6.73 billion shares valued at 45.78 trillion rials ($158 m) changed hands at TSE for the day.
Trading at TSE and junior equities exchange Iran Fara Bourse starts on Saturday and ends Wednesday.
Mellat Bank was the big winner as its shares went up 5.98% to 2,710 rials per share.
Sepahan Cement Company incurred the biggest loss among all TSE-listed companies falling 5.92% to 10,650 rials per share.
Golgohar Mining and Industrial Company contributed the most to the benchmark's fall, followed by Mines and Metals Development Investment Company, Nouri Petrochemical Company and Mobin Energy Persian Gulf Company.
Parsian Oil and Gas Development Group Company gave the biggest boost to the benchmark index, followed by Tamin Petroleum and Petrochemical Investment Company, Pardis Petrochemical Company and Social Security Investment Company.
IFX Down 0.64%
Iran Fara Bourse main index, IFX, lost 124.21 points or 0.64% to close Saturday trade at the 19,415.
About 2.34 billion shares and securities valued at 62.9 trillion rials ($216.8m) were traded at the junior equities exchange for the day.
Day Bank had the highest number of traded shares as 274.8 million of its shares worth 211.99 billion rials ($731,003) were traded.
Pasargad Insurance Company, Hormozgan Steel Company, Gohar Zamin Iron Ore Company and Day Bank had the most negative impact on IFX.
Lavan Oil Refining Company gave the biggest boost to IFX, followed by Shahid Tondgooyan Petrochemical Company, Minoo Industrial Group Company and Saba Tamin Investment Company.
