• Business And Markets

    TEDPIX Up 1.44%

    Tehran Stock Exchange's main index, TEDPIX, gained 19,992.92 points or 1.44% on Monday to end at 1,409,355.07. The TSE equal-weighted index gained 1.48%.

    About 9.25 billion shares worth 48.42 trillion rials ($166.99 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

    Motogen Company led the winning side as its shares jumped 6.87% to 2,503 rials per share.

    Middle East Mines and Mineral Industries Development Holding Company was the big loser among all TSE-listed companies plunging 2.13% to 11,490 rials per share.

    Middle East Mines and Mineral Industries Development Holding Company contributed the most to the benchmark's fall, followed by MAPNA Group Company, Saman Kish Electronic Payment Company and Khorasan Steel Company.

    National Iranian Copper Industries Company gave the biggest boost to the benchmark index, followed by Mobarakeh Steel Company, Mellat Bank and Social Security Investment Company.

     

    IFX Rises 0.62%

    Iran Fara Bourse main index IFX gained 114.06 points or 0.62% to close Monday at 18,601.87.

    About 6.51 billion securities worth 1,900.55 trillion rials ($6.55 billion) were traded at the over-the-counter exchange for the day.

    Day Bank had the highest number of traded shares at 520.37 million worth 322.81 billion rials ($1.11m). Dena Afarin Fadak Food Preparation and Distribution Company was in the lead in terms of growth among all IFB-listed companies climbing 6.85% to reach 14,030 rials per share.

    The big loser was Pegah Fars Dairy Company plunging 4.26% to reach 7,640 rials per share.

    Pasargad Insurance Company, Iranian Ghadir Iron and Steel Company, Kowsar Insurance Company and Ghadir Capital and Industry Development Company had the most negative impact on IFX.

    Zagros Petrochemical Company gave the biggest boost to IFX, followed by Shiraz Oil Refining Company, Iran Fara Bourse and Saba Tamin Investment Company.