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TEDPIX Ends Flat

TEDPIX Ends Flat
TEDPIX Ends Flat

Tehran Stock Exchange’s benchmark failed to extend its Monday uptick and slipped 23.8 points or 0.04% on Tuesday’s close to end at 61,209.8.

According to TSE data, the Price Index lost 9.3 points or 0.04% to close at 23,977.2. The First Market Index pulled back 65.7 points or 0.15% to stand at 42,391.8. The Second Market Index gained 223.1 points or 0.16% to reach 136,396.1.

The Industry Index edged up 3.4 points or 0.01% to settle at 50,476.4. The Free Float Index dipped 132.69 points or 0.2% to end at 67,429.1. The TSE 30 Index was down 0.2 points or 0.01% to close at 2,613.9 and the TSE 50 Index inched up 0.8 point or 0.03% to stand at 2,503.2.  

More than 365 million shares valued at $20.09 million were transacted to register 17.36% and 71.14% growth compared to the previous trading day.

About 63% of listed companies ended in red, with auto, banking and mineral sectors leaving the most negative impact on TEDPIX.

Iran Khodro with a P/E ratio of 8 and 23.28 points was the biggest TSE laggard followed by Persian Oil and Gas Development Group and Omid Investment Group Corporation with 14 and 13 points respectively.

Islamic Republic of Iran Shipping Lines with 21.14 points gave the biggest boost to TEDPIX. Tamin Petroleum and Petrochemical Investment Company and Mobarakeh Steel Company with 21.35 and 16.36 points respectively stood next in line.

  IFX Breaks Losing Streak

Iran Fara Bourse’s overall index snapped its six-day losing streak and notched up 4.93 points or 0.75% to close at 663.68. Marun Petrochemical Company provided the biggest boost to IFX.

According to IFB, in 35,756 transactions, indicating a staggering 100% surge compared to Monday, more than 84 million shares traded valued at $12.13 million.

Pegah Fars Milk Company with transactions of 16.31 million shares worth $1.26 million recorded the highest daily trade volume and value at IFB.

Shahroud Industrial Company, Minoo Group and Lavan Oil Refining Company registered the highest rise in their shares’ value.

About 59% of listed companies weighed on IFX. Tabas Coal Company and Kharazmi IT Development Company recorded the highest retreat in value.

Isfahan Steel Company, National Petrochemical Investment Group, Bank Day, Iran Cultural Heritage and Tourism Investment Group Company, Shirvan Sugar Company, Tehran Oil Refining Company, Lavan Oil Refining Company as well as Pardis Housing Investment Company were on investors’ radar.

Once again, with transactions of 357,680 units, Etemad Fund registered the highest daily trade volume among listed exchange-traded funds. Moreover, Ghaed Bassir Petrochemical Products Company sold 100,000 leasing bonds with three-month maturity to record the highest trade volume at Fixed-Income Market.

 

Financialtribune.com