Tehran stocks fell for the third session in a row Sunday. The main index of Tehran Stock Exchange, TEDPIX, dropped close to 1%.
TEDPIX shed 11,499 points to slip deeper below the critical 1.2 million points, closing trade at 1,187,842.
The equal-weighted index was down 0.22%. Unlike the market cap-weighted TEDPIX, the former index gives a better grasp of performance of small stocks.
As was the norm in most previous sessions, retail investors continued to flee the market with net capital outflow worth 5.3 trillion rials ($22 million) on Sunday.
Value of retail trade declined 4% to reach 16.96 trillion rials ($70m), Eghtesad News reported. About 2.55 billion shares valued at 21.54 trillion rials ($86.17 m) changed hands at TSE for the day.
Navard Aluminum Manufacturing Group Company was the biggest winner as its shares went up 4.06% to 27,450 rials per share.
Post Bank Iran incurred the biggest loss among all TSE-listed companies and went down 3% to 21,670 rials per share.
National Iranian Copper Industries Company contributed the most to the benchmark's fall, followed by Mobarakeh Steel Company, Persian Gulf Petrochemical Industries Company and Social Security Investment Company.
Sadr Tamin Investment Company gave the biggest boost to the benchmark index followed by Ofogh Koorosh Chain Stores Company, Karafarin Bank and Pars National Agro-Industry and Animal Husbandry Company.
IFB Drops 0.5%
Iran Fara Bourse main index, IFX, lost 90.12 points or 0.51% to close Sunday trade at 17,596. About 404.01 million securities valued at 13.35 trillion rials ($53.4m) were traded at the junior exchange for the day.
Arya Sasol Polymer Company, Marun Petrochemical Company, Shahid Tondgooyan Petrochemical Company and Iran Cultural Heritage and Tourism Investment Group Company had the most negative impact on IFX. Damavand Power Generation Company gave the biggest boost to IFX.
