Share prices closed lower at the end of trading week on Wednesday after most shares moved back and forth in volatile trade.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,769.16 points or 0.34% to end trade at 1,386,466. The market cap-weighted TEDPX lost more than 10,000 points in the middle of trade before paring some of the losses.
Despite partial recovery in most large caps, led by refineries, majority of small caps slumped dragging down the TSE equal-weighted index by 1.4%.
Retail trader’s liquidity continued to flow out for the six straight session, with net outflow reaching 6 trillion rials ($22 million) on Wednesday.
About 8.08 billion shares valued at 72.52 trillion rials ($268.6m) changed hands at TSE for the day.
Pegah Esfahan Dairy Company was the biggest winner as its shares went up 4.96% to 28,360 rials per share.
Jooshkab Yazd Industries Company incurred the biggest loss among all TSE-listed companies and went down 5% to 238,450 rials per share.
Pars Petrochemical Company contributed the most to the benchmark's fall, followed by Social Security Investment Company, Khouzestan Steel Company and Telecommunication Company of Iran.
Esfahan Oil Refining Company gave the biggest boost to the benchmark index followed by Tehran Oil Refining Company, Civil Pension Fund Investment Company and Bandar Abbas Oil Refining Company.
IFB Drops 0.7%
Iran Fara Bourse main index, IFX, lost 157 points or 0.76% to close Wednesday trade at 20,564. About 4.3 billion shares and securities valued at 133.07 trillion rials ($492.8m) were traded at the junior exchange for the day.
Sirjan Jahan Steel Complex had the highest number of traded shares as 975.07 million of its shares worth 6.8 trillion rials ($25.16 million) were traded.
Pasargad Insurance Company, Sirjan Jahan Steel Complex, Hormozgan Steel Company and Minoo Industrial Group Company had the most negative impact on IFX.
Arya Sasol Polymer Company gave the biggest boost to IFX, followed by Iran Cultural Heritage and Tourism Investment Group Company, Mehr Ayandegan Financial Development Group Company and Takhte Jamshid Petrochemical Company.
