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IFX Jumps 1.3%

IFX Jumps 1.3%IFX Jumps 1.3%

In a green trading day at Iran Fara Bourse, more than 104 million securities changed hands valued at close to $30.3 million, IFB reported on Wednesday.

The benchmark IFX gained 9.19 points or 1.33 percent to wrap up the week’s last working day at 700.14.

Hormozgan Steel Company with 15.37 million shares recorded the highest trade among listed companies at IFB. Esfahan Steel Company with $839,090 recorded the highest trade value.

The highest rise in value was filed for Khazar Sea Shipping Lines, Mihan Insurance and Niroo Sarmayeh Company. Jam Petrochemical Company and Iran Investment Petrochemical Group left the most positive impact on IFX.

Taknar Copper Mines Complex Company, Fan Ava and Novin Insurance saw the biggest retreat in their value. Mortgage-backed securities were traded between 730,000 and 750,000 rials.

The highest trade volume among the exchange-traded funds at IFB was recorded for Etemad Fund at Modern Financial Instrument market with more than 117,140 shares. The fixed-income market witnessed the trade of 131,030 participatory bonds.

Financialtribune.com