Unrelenting selloff swept the share market on Sunday pushing most stock categories into negative territory.
The benchmark of Tehran Stock Exchange, TEDPIX, shed 17,357.98 points or 1.2% to retreat further to 1,423,496.
As in the several past sessions, small caps were under mounting pressure seen in the 1.9% decline in TSE’s equal-weighted index.
Winner stocks hardly exceeded 100 while 522 were in the red, accounting for 83% of the total.
Extending a disturbing trend that has persisted for 32 sessions in a row, net capital outflow by retail investors amounted to 5.44 trillion rials ($17.5 million) on Sunday.
The market, however, saw 22% rise in retail trade for the day with retail investors accounting for 28.8 trillion rials ($93m) of the total trade.
About 6.45 billion shares worth 37.84 trillion rials ($122m) changed hands at TSE for the day.
Kurdistan Cement Company was the main beneficiary as its shares went up 4.9% to 13,920 rials per share.
Fanavaran Petrochemical Company incurred the biggest loss among all TSE-listed companies and went down 28.16% to 7,910 rials per share.
Fanavaran Petrochemical Company contributed the most to the benchmark's fall, followed by Esfahan Oil Refining Company, Golgohar Mining and Industrial Company and Social Security Investment Company.
Mobarakeh Steel Company gave the biggest boost to the benchmark index, followed by Omid Investment Bank, Mobin Energy Persian Gulf Company and Pars Petrochemical Company.
IFX Down, Again
Iran Fara Bourse main index, IFX, lost 178.04 points or 0.94% to close Sunday at 18,703. About 2.42 billion shares and securities worth 104.06 trillion rials ($358.8m) were traded at the junior equities exchange for the day.
Pasargad Insurance Company, Zagros Petrochemical Company, Lavan Oil Refining Company and Damavand Power Generation Company had the most negative impact on IFX.
Day Insurance Company gave the biggest boost to IFX, followed by Iranian Zinc Industrial Expansion Company, Zangan Zinc Industry Company and Mobin One Kish Company.
