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TEDPIX in Red Zone

TEDPIX in Red ZoneTEDPIX in Red Zone

Tehran Stock Exchange’s main index TEDPIX shed 87.00 points or 0.14% at Monday’s close to settle at 62,855.7.

According to TSE data, the Price Index dropped 34.10 points or 0.14% to close at 24,592.4. The First Market Index retreated 95.60 points or 0.22% to end at 43,820.7. The Second Market Index inched up 8.00 points or 0.01% to reach 138,436. The Industry Index fell 106.40 points or 0.20% to register 51,809.3.

The Free Float Index inched down 61.47 points or 0.09% to record 70,033.30. The TSE 30 Index lost 8.50 points or 0.31% to rest at 2,710.1, and the TSE 50 Index dropped 6.30 points or 0.24% to end at 2,569.9.

More than 820 million shares changed hands valued at over $44.3 million to record a close to 80% increase both in terms of volume and value compared to Sunday.

Close to 57% of listed companies worked against the benchmark. National Iranian Copper Industries Company, with 95.4 points, was the main laggard followed by Pardis Petrochemicals Company with 25.54 points and Persian Gulf Petrochemicals Industry Company with 18.35 points.

Telecommunications Company of Iran, with a P/E ratio of 4 and 16.98 points, provided the biggest boost to TEDPIX. Iran Khodro Company and Behran Oil Company, with 14.44 and 11.57 points, came next respectively.

  IFX Down 0.21%

Iran Fara Bourse’s overall index fell 1.49 points or 0.21% to close at 697.34.

According to IFB, more than 70 million securities valued at $16.9 million were traded.

The highest trade volume and value were recorded for Iranian Investment Petrochemicals Group with 9.4 million shares valued at $382,352 changing hands.

The highest increase in shares’ value was recorded for Saman Insurance, Yazd Alloy Steel Industry Company and Shirvan Sugar Company. Novin Insurance, Shiraz Oil Refining Company and Shahrood Industrial Company registered the highest decrease in value.

Isfahan Steel Company, Pardis Housing Investment Company, Lia Company, Bank Day, Tehran and Lavan oil refining companies as well as Shirvan Sugar Company were also on the investors’ radar.

Etemad Fund, with the transaction of 200,760 units, recorded the highest trade volume among listed exchange-traded funds. Furthermore, 285,000 participation bonds of Mashhad Municipality were sold out.

 

Financialtribune.com