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Business And Markets

TEDPIX Up 0.18%

Tehran Stock Exchange's main index, TEDPIX, gained 2,533.78 points or 0.18% on Wednesday to end at 1,410,188.21. The TSE equal-weighted index gained 0.45%.

About 8.23 billion shares worth 44.23 trillion rials ($152.52 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

The Housing Investment Company led the winner’s list as its shares jumped 6.99% to 3,752 rials per share. The Insurance Industry Investment Company was the big loser among all TSE-listed companies plunging 5.04% to 1,733 rials per share.

Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by Golgohar Mining and Industrial Company, Mines and Metals Development Investment Company and Iran Aluminum Company.

National Development Investment Group Company gave the biggest boost to the benchmark index, followed by Bank Mellat, Islamic Republic of Iran Shipping Lines Company and Tejarat Bank.

 

IFX Climbs 0.28%

Iran Fara Bourse main index IFX gained 51.95 points or 0.28% to close Wednesday at 18,593.83.

About 4.11 billion securities worth 196.88 trillion rials ($678.92 billion) were traded at the over-the-counter exchange for the day.

Day Bank had the highest number of traded shares at 341.57 million worth 215.04 billion rials ($741,541).

Avicenna Laboratories Incorporation was in the lead in terms of growth among all IFB-listed companies climbing 6.37% to reach 6,350 rials per share.

The big loser was Dena Afarin Fadak Food Preparation and Distribution Company plunging 4.9% to reach 10,880 rials per share.

Alborz Distribution Company, Dena Afarin Fadak Food Preparation and Distribution Company, Iranian Reinsurance Company and Marun Petrochemical Company had the most negative impact on IFX.

Minoo Industrial Group Company gave the biggest boost to IFX, followed by Omid Taban Hour Energy Management Company, Bahman Diesel Company and MAPNA Asaluyeh Power Generation Company.