TSE Slump Lingers
Economy, Business And Markets

TSE Slump Lingers

Tehran Stock Exchange’s main index TEDPIX inched up 16.20 points or 0.03% to end Saturday trade at 61,436.9.
More than 534 million shares valued at $32.5 million changed hands with daily trade value surging 175% compared to Wednesday.
The Price Index crawled up 6.30 points or 0.03% to reach 23,915.8. The The First Market Index lost 42.50 points or 0.10% to register 42,124.9.
The Second Market Index gained 349.00 points or 0.25% to record 139,419.0.
The Industry Index was up 18.20 points or 0.04% to hit 50,940.6. The Free Float Index shed 32.91 points or 0.05% to 66,983.90.
The TSE 30 Index lost 3.50 points or 0.14% to settle at 2,565.5, and the TSE 50 Index gained 0.60 points or 0.02% to finish at 2,500.1.
Iranian Shipping Lines Company, with a P/E ratio of 34 and 51.62 points, provided the biggest boost to TEDPIX, followed by National Iranian Copper Industries Company and Khuzestan Steel Company with 16.96 and 11.22 points respectively.
Mobarakeh Steel Company was the biggest market laggard with 18.96 points. Isfahan Steel Company and Parsian Oil and Gas Development Company followed with 17.93 and 14.89 points respectively.

  IFX Moves Up
Iran Fara Bourse’s all-share index was up 0.91 points or 0.13% to post 677.03.
According to IFB, 112 million securities changed hands in 23,000 transactions worth $42.9 million.
Iranian Petrochemical Investment Company filed the highest trade volume and value of the day with the transaction of 24.5 million shares worth more than $1.02 million.
Kerman Construction and Development Company, Ghasem Iran Company and Hormozgan Steel Company registered the highest increase in shares’ value.
Tabas Coal Company, Shiraz Oil Refining Company and Tadbirgaran-e Fars and Khuzestan recorded the highest decline.
Etemad Fund, with the transaction of 2.2 million shares, registered the highest trade volume among listed exchange-traded funds. Moreover, 320,130 leasing bonds of MAPNA Group were sold out.


Short URL : http://goo.gl/lhzUEl
  1. http://goo.gl/9bIFXe
  • http://goo.gl/67OcSq
  • http://goo.gl/LXneqA
  • http://goo.gl/vObbiV
  • http://goo.gl/m7a0eK

You can also read ...

Turkey to Defy US Sanctions, Maintain Trade Ties With Iran
Turkey intends to defy US President Donald Trump and continue...
An Iraqi peddler displays Iranian currency for sale in the capital Baghdad on Aug. 9.
Iraqi Prime Minister Haider al-Abadi has raised the level of...
CBI Delivering 2.5m Presold Gold Coins
The Central Bank of Iran has started the delivery of 2.5...
Iran Chamber of Commerce Urges FATF Compliance
Iran Chamber of Commerce, Industries, Mines and Agriculture,...
Private Housing Investments Rise
The uptrend in private sector investments in the housing...
Google Rolls Back Android Messages to Old Design
On Thursday, it looked as though Google was starting to roll...
New Foreign Exchange Policy:  Exporters’ Savior or Bane?
The new forex policy, announced last week by the Central Bank...
Hoarded Goods Worth $40m Confiscated in Tehran
Essential goods worth 3.2 trillion rials (around $40 million)...