Economy, Business And Markets

TSE Ends Barely in Green

TSE Ends Barely in GreenTSE Ends Barely in Green

Tehran Stock Exchange’s all-share index TEDPIX inched up 17.90 points or 0.03% to close Monday trade at 61,728.1.

Over 575 million shares valued at around $34 million changed hands to record a slight increase in daily trade value compared to Sunday.

The Price Index crawled up 7 points or 0.03% to end at 23,943.6.

The First Market Index was down 15 points or 0.04% to settle at 42,294.1.

The Second Market Index gained 199.50 points or 0.14% to register 140,256.5.

The Industry Index climbed 11.80 points or 0.02% to reach 50,994.5.

The Free Float Index was up 108.73 points or 0.16% to hit 67,893.40.

The TSE 30 Index lost 6.60 points or 0.26% to 2,571.9.

And the TSE 50 Index shed 4 points or 0.16% to finish at 2,496.7.

Close to 63% of the listed companies helped raise the benchmark.

Iran Transfo Company, with a P/E ratio of 13 and 15.93 points, provided the biggest boost to TEDPIX, followed by Tamin Pharmaceutical Investment Company and North Drilling Company with 8.47 and 8.4 points respectively.

Mobarakeh Steel Company was the biggest market laggard with 62.61 points followed by Iran Shipping Lines Company and Bank Tejarat with 15.2 and 9.54 points respectively.

  IFX Inches Up

Iran Fara Bourse’s overall index gained 5.51 points or 0.81% to end Monday trade at 686.97.

More than 280 million securities changed hands in 19,000 transactions valued at $72.2 million, with daily trade value increasing close to 470% compared to Sunday’s figures, according to IFB.

Iranian Petrochemical Investment Company filed the highest trade volume and value of the day with 16.9 million shares changing hands worth $691,944.

Ghasem Iran Distribution Company, Shirvan Sugar Company and Kimiya Zanjan Gostaran Company were also on investors’ radar.

KBC Pharmaceutical Company, Marjankar Company and Pegah Fars Dairy Company recorded the highest increase in shares’ value.

Taknar Copper Mining Company, Bahman Leasing Company and Shirvan Sugar Company filed the highest decline.

Etemad Fund, with the transaction of 4.4 million shares, registered the highest trade volume among listed exchange-traded funds. Furthermore, 49,929 Islamic treasury bonds were sold out.