• Business And Markets

    Shares Mostly Lower

    Tehran Stock Exchange's main index, TEDPIX, lost 56,949.02 points or 2.68% on Wednesday to end at 2,071,429.47 and the TSE equal-weighted index plunged 2.93%.

    About 11.77 billion shares worth 80.2 trillion rials ($178.26 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

    Isfahan Saman Gostar Company led the winner’s list as its shares jumped 4.53% to 30,470 rials per share. Nirou Trans Company was the big loser among all TSE-listed companies plunging 6.98% to 4,214 rials per share.

    Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by Persian Gulf Petrochemical Industries Company, Esfahan Oil Refining Company and National Iranian Copper Industries Company.

    Karafarin Bank Company gave the biggest boost to the benchmark index, followed by Behnoush Iran Company, Offset Press Company and Silica Sand Supplier Company.

     

    IFX Loses 2.13%

    Iran Fara Bourse main index IFX lost 587.66 points or 2.13% to close Wednesday at 27,007.96.

    About 7.5 billion securities worth 89.3 trillion rials ($198.43 million) were traded at the over-the-counter exchange for the day.

    Day Bank had the highest number of traded shares at 690.12 million worth 855.09 billion rials ($1.9 million).

    Tadbirgaran Fars and Khuzestan Investment Company was in the lead in terms of growth among all IFB-listed companies climbing 5.57% to reach 38,850 rials per share.

    The big loser was Maskan Pardis Investment Company plunging 6.99% to reach 13,830 rials per share.

    Arya Sasol Polymer Company, Hormozgan Steel Company, Shahid Tondgooyan Petrochemical Company and Saba Tamin Investment Company had the most negative impact on IFX.

    Sepehr Saderat Financial Group Investment Company gave the biggest boost to IFX, followed by Gohar Zamin Iron Ore Company, Bahar Rose Alis Chenaran Company and Pegah Golpayegan Dairy Company.

     

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