After three lukewarm sessions, Tehran stocks opened on Saturday under mounting selloff pressure.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 11,633.46 points or 0.87% to retreat to 1,322,631.
At the end of the session prices of 101 tickers gained and 290 closed lower, representing 80% of the total.
Retail trade dropped 7% to reach 23.99 trillion rials ($88 million), accounting for 43% of the total trade. Sellers were mainly retail investors who exited the market with net capital worth 3.66 trillion rials ($13m), a whopping 266% higher on the session before.
About 6.31 billion shares valued at 36.08 trillion rials ($128.8m) changed hands at TSE for the day.
Pak Dairy Company was the biggest winner as its shares went up 4.96% to 13,110 rials per share.
Jooshkab Yazd Industries Company incurred the biggest loss among all TSE-listed companies and went down 4.96% to 68,150 rials per share.
Iran Khodro Company contributed the most to the benchmark's fall, followed by Golgohar Mining and Industrial Company, Parsian Oil and Gas Development Group Company and Mellat Bank.
Fanavaran Petrochemical Company gave the biggest boost to the benchmark index followed by National Iranian Copper Industries Company, Bouali Sina Petrochemical Company and Barez Industrial Group Company.
IFB Dips 0.6%
Iran Fara Bourse main index, IFX, lost 112 points or 0.62% to close Saturday trade at 17,987.
About 1.59 billion shares and securities valued at 35.98 trillion rials ($128m) were traded at junior exchange for the day.
Pasargad Insurance Company, Iran Fara Bourse, Zagros Petrochemical Company and Shahid Tondgooyan Petrochemical Company had the most negative impact on IFX.
Minoo Industrial Group Company gave the biggest boost to IFX, followed by Shiraz Oil Refining Company, Iran Cultural Heritage and Tourism Investment Group Company and Saman Insurance Company.
