Economy, Business And Markets

TEDPIX Ends Flat

TEDPIX Ends FlatTEDPIX Ends Flat

Tehran Stock Exchange’s main index inched up 17.60 points or 0.03% to end Tuesday trade at 62,392.4.

Over 514 million shares valued at more than $32.3 million were transacted, indicating a 30% rise in daily trade volume and value respectively compared to Monday.

The Price Index crawled up 6.80 points or 0.03% to reach 24,293. The First Market Index stayed put at 141,284 with no change. The Second Market Index gained 120 points or 0.09% to hit 141,284. The Industry Index gained 57.90 points or 0.11% to register 51,870.4.

The Free Float Index inched down 22.82 points or 0.03% to close at 68,310.30. The TSE 30 Index tumbled 0.80 points or 0.03% to finish at 2,621.7 and the TSE 50 Index ticked up 1.00 points or 0.04% to settle at 2,541.4.

Omid Investment Group, with a P/E ratio of 4 and 22.89 points, gave the biggest boost to TEDPIX. Jam Petrochemical Company and Chadomarlu Mining and Industrial Company came next with 19.53 and 17.4 points respectively.

About 62% of the listed companies worked against the benchmark. Bank Mellat with 37.92 points was the main laggard followed by the National Iranian Copper Industries Company and Iran Telecommunications Company with 19.06 and 6.36 points respectively.

  IFX Up

Iran Fara Bourse’s all-share index gained 1.44 points or 0.21% to close Tuesday trade at 680.18.

More than 182.4 million securities valued at $24.1 million changed hands, with trade value nearly triple that of Monday.

Iranian Cultural Heritage and Tourism Investment Group recorded the highest daily trade volume and value with the transaction of 20.7 million shares valued at $11.3 million.

Arman Insurance, Marjankar Company and Shahed Development and Construction Company registered the highest increase in shares’ value.

Bank Sarmayeh, Zangan Zinc Industries Company and Niroo Sarmayeh Company witnessed the highest decline.

Bahman Diesel Company, Lavan Oil Refining Company and Isfahan Steel Company were on investors’ radar.

Etemad Fund, with the transaction of 6 million shares, registered the highest trade volume among listed exchange-traded funds.

Furthermore, 28,660 leasing bonds of RighTel were sold out.