Tehran stocks closed Tuesday slightly higher thanks to the rally in transportation, refinery and some other commodities.
The main index of Tehran Stock Exchange, TEDPIX, gained 3,287 points or 0.26% to end trade at 1,284,876. The TSE’s equal-weighted index was up 0.24%.
Price rise in some commodity shares pushed up the TSE-30 Index by 0.6%. This index tracks the performance of top 30 companies in terms of market cap.
Retail trade increased 3% on Tuesday to reach 35.38 trillion rials ($136 million), accounting for 32% of the total trade.
About 5.63 billion shares valued at 37.92 trillion rials ($145m) changed hands at TSE for the day.
Tidewater Middle East Company was the biggest winner as its shares went up 4.98% to 5,309 rials per share.
One and One Food Industry Company incurred the biggest loss among all TSE-listed companies and went down 7.99% to 17,730 rials per share.
Jam Petrochemical Company contributed the most to the benchmark's fall, followed by Parsian Oil and Gas Development Group Company, Mellat Bank and Bank Saderat Iran.
Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark index followed by Bandar Abbas Oil Refining Company, Esfahan Oil Refining Company and Tehran Oil Refining Company.
IFX Up 0.1%
Iran Fara Bourse main index, IFX, gained 15.02 points or 0.09% to close Tuesday trade at 17,528.
An estimated 2.8 billion shares and securities worth 162.61 trillion rials ($625.4m) were traded at the junior exchange for the day.
Tajali Mines and Metals Development Company had the highest number of traded shares as 384.92 million of its shares worth 568.93 billion rials ($2.18m) were traded.
Iran Fara Bourse, Tajali Mines and Metals Development Company, Iranol Oil Company and Kimyagaran Emrooz Chemical Industries Company had the most negative impact on IFX.
Lavan Oil Refining Company gave the biggest boost to IFX, followed by Marun Petrochemical Company, Iranian Reinsurance Company and General Mechanic Company.
