Economy, Business And Markets

TEDPIX Ends Flat

TEDPIX Ends FlatTEDPIX Ends Flat

Tehran Stock Exchange’s benchmark inched up 34.8 points or 0.06% in a seesaw trading day to end at 62,993 at Monday’s close.

According to TSE data, the Price Index ticked up 13.6 points or 0.06% to reach 24,730.4. The First Market Index was down 27.6 points or 0.06% to reach 44,012.5. The Second Market Index gained 366.7 points or 0.27% to stand at 138,211.7. The Industry Index pulled up 63.6 points or 0.12% to end at 51,808.8. The Free Float Index inched down 10.57 points or 0.02% to 70,433.9. The TSE 30 Index was almost flat and the TSE 50 Index added 1.1 points or 0.04% to close at 2,571.4.

More than 382 million shares worth $19.8 million changed hands in a sluggish trade to underscore TSE’s dented sentiment.

More than 62% of listed companies weighed on the benchmark. Parsian Oil and Gas Development Company with 21 points was the biggest market laggard followed by Bank Mellat and Bank Tejarat with 18 and 11 points respectively.

Mobile Telecommunications Company of Iran with 31.46 points outperformed and gave the biggest boost to TEDPIX. Islamic Republic of Iran Shipping Lines and Telecommunications Company of Iran with 17 and 16 points took the second and third place respectively.