Tehran stocks closed lower Monday to register the sixth consecutive decline despite some respite from the sell side compared to the earlier session.
The main index of Tehran Stock Exchange, TEDPIX, lost 6,743 points or 0.53% on Monday to end trade at 1,262,735.
Cement, steel, mineral and refinery stocks were the main gainers while banks, auto companies and small caps extended previous losses.
Prices of 325 tickers dropped Monday, accounting for 67% of the total tickers, according to Eghtesad News website.
Trade value reached 401 trillion rials ($1.6 billion) to register 138.7% rise compared to the earlier session with retail investors accounting for 305.6 trillion rials of the total.
About 4.14 billion shares valued at 41.36 trillion rials ($165.46 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.
Seamorgh Company, an agro company, was the biggest winner as its shares went up 4.78% to 18,630 rials per share. Iran Khodro Company was the biggest loser among all TSE-listed companies and went down 1.98% to 2,470 rials per share.
Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by National Iranian Copper Industries Company, Persian Gulf Petrochemical Industries Company and Esfahan Oil Refining Company.
The Social Security Investment Company gave the biggest boost to the benchmark index followed by Chadormalu Mining And Industrial Company, Iran Chemical Industries Investment Company and Iran Aluminium Company.
IFX Up 0.07%
Iran Fara Bourse main index IFX ended slightly above the flatline gaining 12.2 points or 0.07% to close Monday trade at 17,919.8. About 1.24 billion securities valued at 361.09 trillion rials ($1.44b) were traded at the junior exchange for the day.
Zagros Petrochemical Company, Shahid Tondgooyan Petrochemical Company, Omid Taban Hour Energy Management Company and Damavand Power Generation Company had the most negative impact on IFX.
Pasargad Insurance Company gave the biggest boost to IFX followed by Saba Tamin Investment Company, Middle East Mines and Mineral Industries Development Holding Company and Gohar Zamin Iron Ore Company.
