Tehran Stock Exchange’s benchmark staged further retreat during the week that ended October 28 with TEDPIX shedding 251 points or 0.40% compared to the previous trading week to settle at 62,924.
According to TSE data, the First Market Index pulled back 183 points or 0.42% to close at 43,870 and the Second Market Index retreated 509 points or 0.37% to reach 138,573.
More than 920 billion shares changed hands in 88,000 transactions valued at $50.4 million. Trade volume and value posted a 68.6% and 66.4% decline. The number of transactions also dropped 68.6%.
More than 3.8 million participation bonds valued at $113.2 million were sold to record a 297.8% and 296.6% surge in trade volume and value respectively.
The mining sector with 21.37% was the top weekly gainer. Insurance and pension funds with 3.84%, sugar with 3.51%, leather and footwear production with 2.19% and industrial conglomerate companies with 1.69% stood next in line.
IFX Down
Iran Fara Bourse’s main index IFX inched down 0.6% to settle at 697 during the same week.
More than 573 million securities were traded in 47,000 transactions valued at $125.7 million.
Trade volume and value registered 1% and 23% growth respectively, while IFB’s market cap dropped 0.9%.
