Tehran stocks failed to extend the previous session’s rally as broad range of shares slumped at the end of trading week on Wednesday.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,670 points or 0.58% to end trade at 1,488,291.
The TSE’s equal weighted index was down 0.32% indicating that small caps also struggle amid the seemingly omnipresent sell-side pressure.
About 17.51 billion shares valued at 95.95 trillion rials ($355.4 million) changed hands at TSE for the day.
Silica Sand Supplier Company was the biggest winner as its shares went up 21.51% to 6,100 rials per share.
Takceram Tile Manufacturing Company incurred the biggest loss among all TSE-listed companies and went down 4.84% to 27,910 rials per share.
Social Security Investment Company contributed the most to the benchmark's fall, followed by Mobarakeh Steel Company, Telecommunication Company of Iran and National Iranian Copper Industries Company.
Pars Petrochemical Company gave the biggest boost to the benchmark index followed by Mellat Bank, Tabriz Oil Refining Company and Iran Tractor Manufacturing Company.
IFX Down 1.1%
Iran Fara Bourse main index IFX lost 248.84 points or 1.12% to close Wednesday trade at 21,997.11.
About 3.67 billion shares and securities valued at 316.9 trillion rials ($1.17 billion) were traded at the junior exchange for the day.
Pasargad Insurance Company, Saba Tamin Investment Company, Sepehr Saderat Financial Group Investment Company and Arya Sasol Polymer Company had the most negative impact on IFX.
Sirjan Jahan Steel Complex gave the biggest boost to IFX, followed by Iranian Reinsurance Company, Chaharmahal Food Products and Sugar Company and Rail Pardaz Noafarin Company.
