The share market closed Sunday trade in positive territory for the fourth session in a row boosted mainly by the rise in prices of large caps.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 17,398.43 points or 1.53% to end trading at 1,156,933. With the bourse showing cautious signs of recovery, retail investors are coming back amid noticeable improvement in the liquidity of stocks.
Total trade on Sunday reached 87.47 trillion rials ($370 million). Retail investors contributed to 62.34 trillion rials ($265m), the highest in 45 sessions posting more than 33% rise compared to Saturday.
As with previous sessions, TEDPIX was buoyed by the upbeat mode in large caps. That was evident in the 2.6% increase in the TSE-30 Index whereas the equal-weighted index closed a little below the flatline (0.03%).
The former index tracks the performance of top 30 companies in terms of market cap while the latter gives the same weight to all shares.
Khouzestan Cement Company was the biggest winner as its shares went up 7.04% to 19,010 rials per share. Chemi Darou Industrial Company incurred the biggest loss among all TSE-listed companies to lose 28.57%. Mapna contributed the most to the benchmark's fall, followed by Omid Investment Management Group Company, Jaber Ibne Hayyam Pharmaceutical Company and Chemi Darou Industrial Company.
Mobarakeh Steel Company gave the biggest boost to the benchmark index, followed by National Iranian Copper Industries Company, Social Security Investment Company and Golgohar Mining and Industrial Company.
IFB Up 0.6%
Iran Fara Bourse main index, IFX, gained 109.14 points or 0.62% to close Sunday trade at 17,841.
About 1.98 billion securities valued at 28.85 trillion rials ($120.22 million) were traded at the junior exchange for the day.
Gohar Zamin Iron Ore Company, Minoo Industrial Group Company, Iran Cultural Heritage and Tourism Investment Group Company and Day Insurance Company had the most negative impact on IFX.
Middle East Mines and Mineral Industries Development Holding Company gave the biggest boost to IFX, followed by Arya Sasol Polymer Company, Esfahan Steel Company and Hormozgan Steel Company.
