• Business And Markets

    Stocks Close Slightly Higher

    The main index of Tehran Stock Exchange, TEDPIX, closed session on Tuesday slightly higher, as selling pressure in the share market eased.

    TEDPIX gained 2,415.51 points or 0.17% to end trading at 1,430,020.

    At the close of the session, 328 tickers gained while 294 tickers ended in the negative territory, representing 47% of the total.

    The value of retail trade rose 9% compared with the previous session to reach 19.68 trillion rials ($63.4 million) on Tuesday.

    About 4.15 billion shares valued at 25.95 trillion rials ($87.5 million) changed hands at TSE for the day.

    Hormozgan Cement Company was the biggest winner, as its shares went up 4.94% to 20,830 rials per share.

    Iran Behshahr Industries Group Investment Company incurred the biggest loss among all TSE-listed companies and went down 6% to 2,554 rials per share.

    Parsian Bank contributed the most to the benchmark's fall, followed by Barakat Pharmaceuticals Group Company, Golgohar Mining and Industrial Company and Iran Mercantile Exchange.

    Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark index, followed by Mines and Metals Development Investment Company, Tamin Petroleum and Petrochemical Investment Company and Parsian Oil and Gas Development Group Company.

     

     

    IFX Up 0.15%

    Iran Fara Bourse main index IFX gained 27.41 points or 0.15% to close Tuesday trade at 18,766.09.

    About 2.08 billion shares and securities valued at 150.64 trillion rials ($485 million) were traded at the junior equities exchange for the day.

    Minoo Industrial Group Company, Iran Fara Bourse, Damavand Power Generation Company and MAPNA Asaluyeh Power Generation Company had the most negative impact on IFX.

    Zagros Petrochemical Company gave the biggest boost to IFX, followed by Shiraz Oil Refining Company, Pasargad Insurance Company and Lavan Oil Refining Company.