After a lukewarm performance a session earlier, Tehran’s share market saw another uneventful day on Monday amid continuous capital outflow and the pattern of investors’ aversion to put money in the unsteady bourse.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 2,970.45 points or 0.22% to end trade at 1,376,070. Reflecting the performance of small caps, the TSE’s equal-weighted index was down 0.08%.
At the close of the session, 165 tickers ended in positive territory and prices of 300 tickers declined, accounting for 60% of the total.
Net capital outflow by retail investors continued for the eighth session in a row, reaching 2.21 trillion rials ($7.6 million) on Monday.
Retail trade plunged 3.5% compared with the session before to reach 23.57 trillion rials ($81m), the lowest in three weeks.
About 3.7 billion shares valued at 22.09 trillion rials ($78.8m) changed hands at TSE for the day.
Trading at TSE and junior exchange Iran Fara Bourse starts on Saturday and ends Wednesday.
Persian Gulf International Transportation Company was the biggest winner as its shares went up 4.99% to 4,878 rials per share.
Sina Chemical Industries Company incurred the biggest loss among all TSE-listed companies and went down 4.82% to 2,823 rials per share.
Nouri Petrochemical Company contributed the most to the benchmark's fall, followed by National Iranian Copper Industries Company, Tamin Petroleum and Petrochemical Investment Company and Khouzestan Steel Company.
Barakat Pharmaceutical Group gave the biggest boost to the benchmark index followed by Bandar Abbas Oil Refining Company, Golgohar Mining and Industrial Company and Barez Industrial Group Company.
IFB Down 0.35%
Iran Fara Bourse main index, IFX, lost 64.92 points or 0.35% to close Monday trade at 18,595.42. About 2.89 billion shares and securities valued at 1,396.8 trillion rials ($4.9 billion) were traded at the junior exchange for the day.
Rail Pardaz Noafarin Company had the highest number of traded shares as 95.87 million of its shares worth 418.98 billion rials ($1.5 million) were traded.
Minoo Industrial Group Company, Zagros Petrochemical Company, Arya Sasol Polymer Company and Iran Cultural Heritage and Tourism Investment Group Company had the most negative impact on IFX.
Rail Pardaz Noafarin Company gave the biggest boost to IFX, followed by Pasargad Insurance Company, Tukarail Company and Kish Parsian Electronic Commerce Company.
