• Business And Markets

    TSE in Positive Territory

    Tehran Stock Exchange's main index, TEDPIX, gained 16,665.67 points or 0.83% on Wednesday to end at 2,016,385.84 and the TSE equal-weighted index climbed 1.33%.

    About 8.15 billion shares worth 61.9 trillion rials ($137.55 million) changed hands for the day. Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

    Ma Insurance Company led the winner’s list as its shares jumped 6.98% to 3,892 rials per share.

    Asia Insurance Company was the big loser among all TSE-listed companies plunging 7.08% to 2,009 rials per share.

    Golgohar Mining and Industrial Company had the highest negative impact on TEDPIX, followed by Tabriz Oil Refining Company, Asia Insurance Company and Jam Petrochemical Compan.

    Social Security Investment Company gave the biggest boost to the benchmark index, followed by Tamin Petroleum and Petrochemical Investment Company, Islamic Republic of Iran Shipping Lines Company and Mellat Bank.

     

    IFX Rises 1.02%

    Iran Fara Bourse main index IFX gained 269.53 points or 1.02% to close Wednesday at 26,656.78.

    About 7.17 billion securities worth 78.4 trillion rials ($174.22 million) were traded at the over-the-counter exchange for the day.

    Kerman Province Development Investment Company had the highest number of traded shares at 341.84 million worth 454.61 billion rials ($1.01 million).

    Pegah Golestan Dairy Company was in the lead in terms of growth among all IFB-listed companies climbing 6.75% to reach 21,350 rials per share.

    The big loser was Saman Insurance Company plunging 4.84% to reach 11,800 rials per share. Day Bank, Bahman Diesel Company, Saman Insurance Company and Goharan Omid Development Investment Company had the most negative impact on IFX.

    Iran Khodro Diesel Company gave the biggest boost to IFX, followed by Hormozgan Steel Company, Shahid Tondgooyan Petrochemical Company and Arya Sasol Polymer Company.

     

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