Tehran Stock Exchange’s main index TEDPIX inched up 9 points or 0.01% at Monday’s close to settle at 61,296.1.
According to TSE, the Price Index edged up 3.5 points or 0.01% to reach 24,011. The First Market Index rose 64.8 points or 0.15% to end at 42,436.2. The Second Market Index slipped 307.4 points or 0.22% to close at 136,674.6. The Industry Index was off 35.8 points or 0.07% to stand at 50,586.4.
The Free Float Index advanced 194.71 points or 0.29% to settle at 67,685.1. The TSE 30 Index was up 1.9 points or 0.07% to reach 2,613.5 and the TSE 50 Index pulled back 1.2 points or 0.05% to close at 2,504.
More than 437 million shares changed hands valued at $31.8 million.
Bank Mellat, with 26.18 points, gave the biggest boost to the overall index. Leading car manufacturer Iran Khodro and Pardis Petrochemical Complex with 15 and 12 points took the second and third place respectively.
Persian Gulf Petrochemical Investment Company with 94.45 points was the biggest market laggard followed by Bandar Abbas Oil Refining Company and Telecommunication Company of Iran with 35 and 11 points respectively. Persian Gulf Petrochemical Investment Company has the highest market cap among listed companies at the equity market.
IFB Down 0.35%
Iran Fara Bourse’s main index IFX lost 2.41 points or 0.35% to close at 678.
More than 87.9 million securities valued at $27.92 million were traded, IFB reported.
Tuka Refractories Production & Services Company with 7.2 million shares worth $939,130 recorded the highest daily trade volume and value.
The highest rise in shares value was registered for Kerman Civil and Development Company and Saman Insurance.
Bank Sarmayeh, Taknar Copper Company and Niroo Sarmayeh filed the highest retreat in value.
Pegah Fars Milk Company, Bank Day, Isfahan Steel Company, Shirvan Sugar Company, Tehran Oil Refining Company, Lavan Oil Refining Company and Iranian Petrochemical Investment Group were on investors’ radar.
Etemad Fund, with transaction of 8.96 million units, registered the highest trade volume among listed exchange-traded funds.
The Fixed-Income Securities Market filed the highest trade volume for Ghaed Basir Petrochemical Products Company’s Ijarah bonds.
Initial Public Offerings
About 10% of Tuka Refractories Production & Services Company’s shares went public through an Initial Public Offering at IFB and its shares were priced at about 13 cents. The company’s market cap stands at $2.08 million.
SENA reported that close to $624,202 worth of government-owned companies’ shares were offered to the public by Iran Privatization Organization and through Iran Fara Bourse during the week that started on October 10.
