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TEDPIX Snaps Winning Streak

TEDPIX Snaps Winning StreakTEDPIX Snaps Winning Streak

Tehran Stock Exchange’s main index TEDPIX slipped 275.10 points or 0.39% to end Sunday trade at 71,118.8.

Over 1.7 billion shares valued at $94.1 million were transacted, as daily trade volume and value fell slightly compared to the prior trading day.

The Price Index lost 105.60 points or 0.39% to end at 27,290.9.

The First Market Index was down 368.20 points or 0.74% to reach 49,151.3.

The Second Market Index rose 409.90 points or 0.26% to register 159,162.9.

The Industry Index gained 35.10 points or 0.06% to settle at 58,987.7.

The Free Float Index withdrew 714.18 points or 0.90% to finish at 78,754.20.

The TSE 30 Index lost 37.20 points or 1.22% to close at 3,004.5 while the TSE 50 Index shed 15.40 points or 0.53% to post 2,887.3.

Close to 60% of the listed companies worked against the benchmark.

Esfahan Oil Refining Company provided the biggest boost to TEDPIX with a P/E ratio of 6 and 41.49 points followed by Chadormalu Mining and Industrial Company and Parsian Oil and Gas Development Company with 35.47 and 33.04 points respectively.

Ghadir Investment Company had the most downbeat performance with 83.78 points, followed closely by Bank Mellat and Bank Saderat with 82.05 and 63.32 points respectively.

  IFX Slips

Iran Fara Bourse’s overall index IFX lost 2.76 points or 0.36% to settle Sunday trade at 757.75.

Close to 257 million securities valued at $50 million were traded, as daily trade volume and value fell more than 5% compared to Saturday’s figures.

Amin Reinsurance Company filed the highest trade volume with the transaction of 32 million shares.

MAPNA Group had the highest trade value, as $2.6 million worth of its shares were traded.

Ravan Fanavar Engineering Corporation, Shiraz Oil Refining Company and Sobhan Investment Company had the highest rise in shares’ value.

Minoo Industrial Company, Tadbirgaran-e Fars and Khuzestan, and Kosar Financial Credit Institution experienced the highest decline.

Esfahan Steel Company, Bank Day and Tehran Oil Refining Company were also on investors’ radar.

Etemad Fund, with the transaction of 798,500 shares, registered the highest trade volume amid listed exchange-traded funds. Moreover, 700,000 leasing bonds of Iran Telecommunications Company were sold out.

 

Financialtribune.com