Economy, Business And Markets

IFB Performance Lackluster

IFB Performance LacklusterIFB Performance Lackluster

More than 124 million securities traded at Iran Fara Bourse on Sunday valued at over $204 million, as the main index IFX retreated about 2 points or 0.3% to close at 682.22.

Isfahan Steel Company recorded the highest daily trade volume and value among listed companies at IFB with 6,680 million shares transacted worth $3.2 million.

South Hormozgan Steel Company, Ravan Fanavar Engineering Company and Maroon Petrochemicals Company recorded the highest rise in shares’ value. Saman Insurance Company, Shiraz Oil Refining Company and Chahar Mahal Sugar Company posted the highest decline in value.

Lia Company, Isfahan Steel Company, Bank Day, Sina Port Maintenance Company, Iran Cultural Heritage and Tourism Investment Group, Tehran Oil Refining Company and Pardis Housing Investment Company were on investors’ radar.

Etemad Fund with 518,160 shares outperformed other listed exchange-traded funds. In addition, 54,320 leasing bonds of RighTel were sold out.