Tehran Stock Exchange closed trade in negative territory Monday after setting new highs in consecutive rallies in earlier sessions.
The TSE's market-cap weighted index, TEDPIX, lost 4,230 points Monday to drop 0.74% and retreat back to 569,680.4.
Selloff apparently hit mainly large-cap companies that have the most impact on TEDPIX as equal weighted index ended in the green. The latter gives the same weight to all stocks, irrespective of their market cap.
Monday marked a historic record in retail value as individual investors conducted 58.52 trillion rials ($365.7 million) in trade, according to Donyaye Bourse website.
The total value of trade was 60.18 trillion rials ($375 million) and an estimated 7.29 billion shares changed hands for the day.
Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.
Chodan Sazan Company was the biggest winner as its shares went up 5.38% to 14,912 rials per share.
Loabiran Company incurred the biggest loss among all TSE-listed companies and went down 5% to 39,641 rials per share.
Mellat Bank contributed the most to the benchmark's fall, followed by Persian Gulf Petrochemical Industries Company, MAPNA Group and National Iranian Copper Industries Company.
Mobile Telecommunication Company of Iran gave the biggest boost to the benchmark index, followed by Pardis Petrochemical Company, Tehran Stock Exchange and Iran Mercantile Exchange.
The Price Index lost 1,124.81 points, or 0.74% to close at 151,832.2.
The First Market Index went down 4,283.41 points, or 1.06% to post 400,560.6. The Second Market Index was down 3,194.47 points, or 0.26% to reach 1,218,890.0.
The Industry Index lost 3,809.95 points or 0.75% to register 502,047.0. Free Float Index was down 2,501.33 points to hit 741,055.98.
TSE 30 went down 368.34 points to settle at 21,624.9 and the TSE 50 ended 206.15 points lower to finish at 20,130.4.
IFX Up 0.55%
In a reverse course from the TSE, the main index of junior IFB market gained 40.55 points, or 0.55%, to close Monday trade at 7,382.66.
About 4.33 billion securities valued at 32.99 trillion rials ($207.54 million) were traded at the over-the-counter exchange for the day.
Jahrom Power Plant Development Company had the highest number of traded shares as 437.6 million of its shares worth 1.78 trillion rials ($11.23 million) were traded.
Zagros Petrochemical Company, Iran Office Machines Industries Company, Hormozgan Steel Company and Arfa Iron and Steel Company had the most negative impact on IFX.
Shahid Tondgooyan Petrochemical Company gave the biggest boost to IFX, followed by Damavand Power Generation Company, Esfahan Steel Company and Iran Fara Bourse.
