18907
TEDPIX Settles in Green
Economy, Business And Markets

TEDPIX Settles in Green

After the recent bumpy rides at the equity market, most of the listed companies outperformed at Saturday’s close, propping up the benchmark to recover a tiny part of the losses incurred within the past few months.
According to TSE data, TEDPIX rose 249 points or 0.4 percent to stand at 62,571.2. The first market index notched up 256.5 points or 0.57 percent to 75,015. The second market index inched up 38.7 points or 0.03 percent to 129,923.7. The free float index gained 472.6 points or 0.67 percent to 71,232.3. The industry index ticked up 97.2 points or 0.19 percent to 51,578.3 and the blue-chip index was up 17.6 points or 0.62 percent to 2,855.9.
Trade volume and value remained very low with around 305 million shares changing hands valued at $14.1 million.
Around 55 percent of listed companies had a positive contribution to TEDPIX with the banking sector on top of outperformers.
Bank Mellat with 74.48 points had the most positive contribution to the benchmark. Mapna Group and Bank Saderat with 69 and 26 points respectively followed Bank Mellat.
Barez Industrial Group with PE of 3.7 and 36.21 points was the biggest market laggard. Fanavaran Petrochemical Company and the Islamic Republic of Iran Shipping Lines with 7.16 and 7.07 points took the second and third place respectively.

 

Short URL : http://goo.gl/NuDurs

You can also read ...

Italy's Ansaldo Set to Produce Power From Iran's South Pars Gas Flares
Italy's Ansaldo Energia signed a memorandum of understanding...
Fate of Cryptocurrency in Iran Hangs in Balance
Virtual currencies are slowly but steadily gaining traction...
IRISL Returns to the Fold of Int’l Shipping Giants
The Islamic Republic of Iran Shipping Lines plans to replace...
Dairy Exports to Hit $1b
Iran is one of the top milk producers and has ambitious plans...
Money and Credit Council Approves Liquidity Risk Management Rules
Money and Credit Council, a top financial decision-making body...
Iran Insurance Growth at 20%
The collective figure of Iranian insurance companies’ premiums...
1st Currency ETF  in the Pipeline
The Iranian capital market’s first foreign currency exchange-...
Iranian Mission to Visit Austria
An Iranian delegation is scheduled to visit Austria from...

Trending

Googleplus