EghtesadOnline: Tehran stocks were choppy on Sunday. The market opened in negative territory before briefly moving to the positive side in mid-trade and returning into the red zone again.
Despite the ease in sell-side pressure compared with a session before, the benchmark of Tehran Stock Exchange, TEDPIX lost 2,392.53 points or 0.19% to close at 1,243,719.06.
About 5.89 billion shares valued at 50.36 trillion rials ($201.44 million) changed hands at TSE for the day. The Iran Industrial Development Investment Company was the biggest winner as its shares went up 4.9% to 8,770 rials per share.
Social Security Investment Company contributed the most to the benchmark's fall, followed by Esfahan Oil Refining Company, Tehran Oil Refining Company and Telecommunication Company of Iran.
Parsian Oil and Gas Development Group Company gave the biggest boost to the benchmark index followed by Tabriz Oil Refining Company, Pars Petrochemical Company and Ofogh Koorosh Chain Stores Company.
Iran Fara Bourse closed a slightly above the flatline. The IFB’s benchmark, IFX, gained 4.73 points or 0.03% to close Sunday trade at 18,116.11.
About 2.14 billion shares and securities valued at 20.02 trillion rials ($80.10m) were traded at the junior exchange for the day.
Kerman Province Development Investment Company had the highest number of traded shares as 710.3 million of its shares worth 907.34 billion rials ($3.63 million) were traded.
Esfahan Steel Company, Arya Sasol Polymer Company, Kowsar Insurance Company and MAPNA Asaluyeh Power Generation Company had the most negative impact on IFX.
Marun Petrochemical Company gave the biggest boost to IFX, followed by Minoo Industrial Group Company, Shahid Tondgooyan Petrochemical Company and Damavand Power Generation Company.