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Banal Trading Day at TSE

Banal Trading Day at TSE
Banal Trading Day at TSE

Tehran Stock Exchange ended a volatile trading day on Monday barely in green, as TEDPIX crawled up 10.50 points or 0.02% at the day’s close to settle at 62,803.3.

According to TSE data, the Price Index inched up 4.20 points or 0.02% to close at 24,593.5. The First Market Index rose 13.40 points or 0.03% to hit 43,737.5. The Second Market Index inched down 13.40 points or 0.01% to end at 138,587.5. The Industry Index shed 16.50 points or 0.03% to stand at 51,804.

The Free Float Index increased 28.18 points or 0.04% to reach 69,792.50. The TSE 30 Index gained 1.50 points or 0.06% to register 2,708.7 and the TSE 50 Index inched up 2.20 points or 0.09% to score 2,570.8.

More than 220 million shares valued at $12.5 million were transacted to record a 58% increase in terms of volume and a 15% decrease in value compared to Sunday.

Around 59% of listed companies worked to drag down the TEDPIX. Chadormalu Mining and Industrial Group with 8.3 points was the main laggard followed by Pardis Petrochemicals Company with 7.77 points and Khazar Cement Company with 7.19 points.

Bank Mellat, with a P/E ratio of 4 and 22.19 points, provided the biggest boost to the benchmark. Khuzestan Steel Company and Omid Investment Company with 19.42 and 9.01 points respectively came next.

  IFX Declines

Iran Fara Bourse’s overall index inched down 0.14 points or 0.02% to close Monday trade at 700.26.

According to IFB, more than 75 million securities valued at $22.5 million were traded.

The highest trade volume and value were registered for Iranian Investment Petrochemicals Group with 26.8 million shares worth $1.09 million changing hands.

The highest increase in shares’ value was filed for Shahrood Industrial Company, Tabas Parvardeh Coal Company and Zayandeh Rood Housing Investment Company.

Minoo Industrial Company, Tadbirgaran Fars and Khuzestan Company and Kerman Development Investment Company recorded the highest decline in value.

Tehran Oil Refining Company, Lavan Oil Refining Company, Iran Cultural Heritage and Tourism Investment Company, Isfahan Steel Company, Bank Day and Shirvan Sugar Company were also on investors’ radar.

Ayandeh Fund, with the transaction of 312,770 million units, registered the highest trade volume among listed exchange-traded funds.

Furthermore, 150,066 leasing bonds of RighTel with three-month maturity were sold out.

Financialtribune.com