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Red TSE Vs. Green IFB

Red TSE Vs. Green IFB
Red TSE Vs. Green IFB

Tehran Stock Exchange’s overall index ticked down 109.8 points or 0.18% at Sunday’s close to settle at 61,287.1.

As TSE data illustrate, most indices ended in the red territory with TSE 30 Index leaving the most negative impact on TEDPIX.

The Price Index slipped 43 points or 0.18% to end at 24,007.5. The First Market Index lost 174.4 points or 0.41% to close at 42,371.4. The Second Market Index gained 306.3 points or 0.22% to stand at 136,982.3. The Industry Index was down 27.7 points or 0.05% to reach 50,622.5. The Free Float Index dipped 226.17 points or 0.33% to settle at 67,490.4. The TSE 30 Index was off 14.6 points or 0.56% to end at 2,611.6 and the TSE 50 Index pulled back 5.3 points or 0.21% to close at 2,505.2.

More than 408 million shares changed hands valued at $26.77 million to post 68.6% and 118% growth in daily trade volume and value respectively compared to the prior trading day.

About 54% of listed companies weighed on the benchmark. Bank Karafarin with 55.23 points was the biggest laggard followed by Bandar Abbas Oil Refining Company and Golgohar Mining and Industrial Company with 23.23 and 17.39 points respectively.

Persian Gulf Petrochemical Industry Company with a P/E ratio of 6 and 53.89 points was crowned as the top gainer. Mobin Petrochemical Company and Middle East Bank with 10 and 5 points stood next.

  IFX Settles in Green

More than 75 million securities traded in 13,650 transactions worth $11.94 million at Iran Fara Bourse. IFB benchmark, IFX, inched up 0.64 point or 0.09% to close at 680.41.

Shirvan Sugar Company with transaction of 8.62 million shares recorded the highest daily trade value. Lavan Oil Refining Company with $924,327 worth of trade, registered the highest trade value, the IFB reported.

Knowledge Business Care Company, Shahroud Industrial Company and Zangan Zinc Company registered the highest jump in their shares’ value. The value of Minoo Group and Ghasem Iran Company’s shares retreated the most.

Isfahan Steel Company, Iranian Petrochemical Investment Group, Bank Day, Pegah Fars Milk Company, Shirvan Sugar Company, Lavan Oil Refining Company and Tehran Oil Refining Company were on investors’ radar.

Etemad Fund with transaction of 3.58 million units filed the highest trade volume among listed exchange-traded funds. Telecommunications Company of Iran recorded the transaction of 75,000 Ijarah bonds to record the highest trade volume in Fixed-Income Securities Market.

About 10% of TUKA Refractories Production & Services Company’s shares under the ticker symbol of “KATUKA” will go public on Monday at the Iran Fara Bourse’s fifth Initial Public Offering.

 

Financialtribune.com