Tehran stocks opened trading week on Saturday under selloff pressure and the benchmark of Tehran Stock Exchange, TEDPIX, retreated further away from the 1.6 million points reached last week.
Toiling to break past the strong resistance level, the TSE's main index shed 15,286.26 points or 0.96% to end trading at 1,579,691.
The TSE’s equal-weighted index dipped 0.55%, reflecting the performance of small caps and penny stocks.
Retail trade jumped 4% compared on the session before to reach 59.93 trillion rials ($200 million). Retail traders were mostly sellers bringing net capital outflow to 4.47 trillion rials ($15 million), the highest in the calendar month.
About 9.25 billion shares valued at 64.45 trillion rials ($230 m) changed hands at TSE for the day.
Trading at TSE and junior equity exchange Iran Fara Bourse starts on Saturday and ends Wednesday.
Charkheshgar Company was the top winner as its shares went up 5.99% to 13,980 rials per share.
Seamorgh Company incurred the biggest loss among all TSE-listed companies and went down 9.79% to 29,010 rials per share.
Pars Petrochemical Company contributed the most to the benchmark's fall, followed by Chadormalu Mining And Industrial Company, Mobarakeh Steel Company and Nouri Petrochemical Company.
Bank Mellat gave the biggest boost to the benchmark index, followed by Tejarat Bank, Kermanshah Petrochemical Industries Company and Kourosh Food Industry Company.
*** IFX Down 0.5%
Iran Fara Bourse main index, IFX, lost 105.9 points or 0.49% to close Saturday trade at 21,537.
About 3.28 billion shares and securities valued at 43.36 trillion rials ($154.8m) were traded at the junior equity exchange for the day.
Arya Sasol Polymer Company, Shahid Tondgooyan Petrochemical Company, Saba Tamin Investment Company and Mehr Ayandegan Financial Development Group Company had the most negative impact on IFX.
Daana Pharmaceutical Company gave the biggest boost to IFX, followed by Melal Credit Institution, Gohar Tarabar Sirjan Transportation Company and Takhte Jamshid Petrochemical Industries Company.
