Tehran stocks opened trading week Saturday on a strong note amid increasing participation of retail investors.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 14,078 points or 0.92% to end trade at 1,543,796.
Large caps and commodity stocks gained more and pushed up the TSE-30 Index close to 1.3%, thanks mainly to high demand for refinery stocks.
The TSE-30 Index tracks the performance of top 30 TSE-listed companies in terms of market capitalization.
Retail trade increased 29% on Saturday from the session before to reach 73.6 trillion rials ($262 million).
At the close of session, 379 tickers gained while 225 others dropped, representing 37% of the total traded stocks.
About 11.24 billion shares valued at 80.28 trillion rials ($286.73m) changed hands at TSE on Saturday.
Trading at TSE and the junior equity exchange Iran Fara Bourse starts on Saturday and ends Wednesday.
West Azarbaijan Pegah Dairy Company was the biggest winner as its shares went up 5.99% to 5,660 rials per share.
Fars Construction and Development Company incurred the biggest loss among all TSE-listed companies and went down 4.55% to 7,140 rials per share.
Islamic Republic of Iran Shipping Lines Company contributed the most to the benchmark's fall, followed by National Iranian Copper Industries Company, Parsian Bank and Calcimine Company.
Esfahan Oil Refining Company gave the biggest boost to the benchmark index followed by Bandar Abbas Oil Refining Company, Parsian Oil and Gas Development Group Company and Tamin Petroleum and Petrochemical Investment Company.
IFX Up 0.74%
Iran Fara Bourse main index, IFX, gained 154.44 points or 0.74 % to close Saturday trade at 21,072.16.
About 3.6 billion shares and securities valued at 31.8 trillion rials ($113.55m) were traded at the junior exchange for the day.
Kerman Province Development Investment Company had the highest number of traded shares as 220.31 million of its shares worth 213.5 billion rials ($762,521) were traded.
Sirjan Jahan Steel Complex, Arfa Iron and Steel Company, Takhte Jamshid Petrochemical Industries Company and Sepehr Saderat Financial Group Investment Company had the most negative impact on IFX.
Arya Sasol Polymer Company gave the biggest boost to the IFX, followed by Lavan Oil Refining Company, Iran Fara Bourse and Shahid Tondgooyan Petrochemical Company.
