Economic downturn is further affecting Tehran stocks amid the visible lack of interest in shares while jittery investors pushing hard to sell.
The market on Sunday recorded the lowest trade value by retail investors since April 2019. The value plunged to 11.5 trillion rials ($46 million) down 10.5% compared with a session earlier.
The main index of Tehran Stock Exchange, TEDPIX, lost 8,986 points or 0.73% on Sunday to end trading at 1,224,795.
Net capital outflow by retail investors was 4.5 trillion rials ($18m). The amount would be much higher if there were buyers for the big volume of unprocessed sale orders.
According to Eqhtesad News, sale orders worth 51 trillion rials ($204m) remained unprocessed on Sunday, the highest since March 14. This also indicates the low liquidity of stocks.
About 1.11 billion shares valued at 14.7 trillion rials ($58.83m) changed hands at TSE for the day. Iran Aluminium Company was the biggest winner as its shares went up 1.82% to 16,780 rials per share.
Parsian Bank incurred the biggest loss among all TSE-listed companies and went down 5.2% to 2,550 rials per share.
Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by National Iranian Copper Industries Company, Social Security Investment Company and Parsian Bank.
Iran Aluminium Company gave the biggest boost to the benchmark index followed by Darab Cement Company and Dashtestan Cement Industries Company.
Iran Fara Bourse main index, IFX, lost 60.29 points or 0.34% to close Sunday trade at 17,820. About 730.58 million securities valued at 50.87 trillion rials ($203.48m) were traded at the junior exchange for the day.
Arya Sasol Polymer Company, Saba Tamin Investment Company, Hormozgan Steel Company and Zagros Petrochemical Company had the most negative impact on IFX.
Gohar Zamin Iron Ore Company was the only company that boosted the IFX.
