Economy, Business And Markets

TEDPIX Settles in Green

TEDPIX Settles  in GreenTEDPIX Settles  in Green

Price swings at the Tehran Stock Exchange helped the benchmark to rebound and stand in green at Monday’s close. The TSE data illustrates that all indices contributed to push the TEDPIX in green, with the free float index leading the positive contributors. The overall index gained 66.8 points or 0.1 percent to end at 64,993.6. The first market index was up 66.6 points or 0.14 percent to 48,023.4. The second market index notched up 17.7 points or 0.01 percent to finish at 126,869.7. The free float index rose 168.2 points or 0.23 percent to 74,250.4. And the industry index pulled up 46.5 points or 0.09 percent to settle at 54,518.1. Monday’s rally was accompanied by a surge both in trade volume and value, as close to 741 million shares changed hands, valued at almost 1.7 trillion rials to post around 15 and 40 percent increase respectively. Mapna Group extended its leadership among positive contributors and came first on Monday trading. Pension Fund and Saipa, with 23 and 18 points respectively stood next. Parsian Oil and Gas Development Company extended its retreat and heavily weighed on the TEDPIX. National Iranian Copper Industries Company took the second place amid the copper freefall in global markets.