Tehran stocks closed the week Wednesday in negative territory as capital continued to flow out the distressed share market.
The main index of Tehran Stock Exchange, TEDPIX, lost 6,237 points or 0.41% to end trade at 1,533,394. The TSE’s equal-weighted index was down 0.3%.
Save for selected tickers in auto, transportation and food sectors, almost all other stock categories were down with communication and tech stocks leading the pack.
As the session ended, 230 tickers gained while 414 others lost, accounting for 64% of the total tickers.
Capital outflow by retail investors logged seven straight sessions to reach 3.6 trillion rials ($11.6 million). Retail trade was up 11% at 46.7 trillion rials ($150 million).
About 9.4 billion shares worth 53 trillion rials ($170 million) changed hands at TSE for the day.
Trading at TSE and junior equities exchange Iran Fara Bourse starts on Saturday and ends Wednesday.
Iran Combine Manufacturing Company was at the top of the win list as its shares went up 5.29% to 5,396 rials per share.
Alborz Investment Group Company incurred the biggest loss among all TSE-listed companies and plunged 5.36% to 7,420 rials per share.
Middle East Mines and Mineral Industries Development Holding Company contributed the most to the benchmark's fall, followed by National Iranian Copper Industries Company, Mobarakeh Steel Company and Persian Gulf Petrochemical Industries Company.
Islamic Republic of Iran Shipping Lines Company gave the biggest boost to the benchmark index, followed by Parsian Bank, Iran Khodro Company and Ofogh Koorosh Chain Stores Company.
IFX Down 0.8%
Iran Fara Bourse main index, IFX, lost 162.44 points or 0.78% to close at 20,670.
About 5.64 billion shares and securities valued at 48.81 trillion rials ($168.3m) were traded at the junior equities exchange for the day.
Pasargad Insurance Company, Arya Sasol Polymer Company, Lavan Oil Refining Company and Day Bank had the most negative impact on IFX.
Kowsar Insurance Company gave the biggest boost to IFX, followed by Alborz Distribution Company, Maadiran Industries Company and Saroj Bushehr International Company.
