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Business And Markets

Tehran Stocks Higher  

Tehran Stock Exchange's main index, TEDPIX, gained 20,562.49 points or 0.82% on Saturday to end at 2,535,236.56.The TSE equal-weighted index climbed 1.70%.

About 26.7 billion shares worth 200.53 trillion rials ($445.62 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

Parsian Electronic Commerce Company led the winner’s list as its shares jumped 7.22% to 6,240 rials per share.

Iran Chemical Industries Investment Company was the big loser among all TSE-listed companies plunging 5.99% to 19,760 rials per share.

Chadormalu Mining And Industrial Company contributed the most to the benchmark's fall, followed by Middle East Mines and Mineral Industries Development Holding Company, National Iranian Copper Industries Company and Nouri Petrochemical Company.

Bank Mellat gave the biggest boost to the benchmark index, followed by Iran Khodro Company, Esfahan Oil Refining Company and Social Security Investment Company.

 

 

IFX Adds 0.28%

Iran Fara Bourse main index IFX gained 89.67 points or 0.28% to close Saturday at 32,055.94.

About 12.83 billion securities worth 237.47 trillion rials ($527.72 million) were traded at the over-the-counter exchange for the day.

Day Bank had the highest number of traded shares at 3.13 billion worth 6 trillion rials ($13.3 million).

Kish Parsian Electronic Commerce Company was in the lead in terms of growth among all IFB-listed companies climbing 7.11% to reach 19,740 rials per share. The big loser was Asia Zarin Madan Company plunging 5.92% to reach 8,740 rials per share.

Gohar Zamin Iron Ore Company, Arya Sasol Polymer Company, Hormozgan Steel Company and Marun Petrochemical Company had the most negative impact on IFX.

Sepehr Saderat Financial Group gave the biggest boost to IFX, followed by Iranian Ghadir Iron and Steel Company, Saba Tamin Investment Company and Bahman Diesel Company.