TSE Index Leaps 1.63%
Economy, Business And Markets

TSE Index Leaps 1.63%

Tehran Stock Exchange’s main index TEDPIX jumped 1,214.40 points or 1.63% to end Monday trade at 75,783.8.
Over 2.3 billion shares were transacted valued at $143.5 million, with daily trade value going up nearly 25% compared to Sunday.
The Price Index gained 465.90 points or 1.63% to settle at 29,080.3.
The First Market Index gathered 999.90 points or 1.93% to reach 52,831.9.
The Second Market Index jumped 1,793.50 points or 1.09% to register 166,976.5.
The Industry Index added 798.40 points or 1.29% to settle at 62,608.8.
The Free Float Index rose 1,514.57 points or 1.81% to hit 85,151.10.
The TSE 30 Index advanced 56.90 points or 1.80% to post 3,215.9 while the TSE 50 Index was up 51.90 points or 1.73% to 3,052.7.
Over 68% of the listed companies contributed to the benchmark’s rise.
Iran Telecommunications Company with 130.62 points provided the biggest boost to TEDPIX, followed by Persian Gulf Petrochemical Industries Company and Bank Mellat, with 110.86 and 70.95 points respectively.
Iranian Shipping Lines Company had the most downbeat performance with -30.22 points, followed by Golgohar and Chadormalu mining and industrial companies with 25.72 and 22.75 points respectively.

  IFB Continues Rally
Iran Fara Bourse’s main index IFX scored 10.15 points or 1.26% to end at 815.28 at the day’s close.
According to IFB, 514 million securities changed hands in 42,000 transactions worth over $166.5 million. Daily trade value rose 330% compared to Sunday.
Iranian Petrochemical Investment Company saw the highest number of shares traded as 61.8 million of its shares changed hands. MAPNA Group, with the transaction of $5.02 million, registered the highest daily trade value.
Kerman Development and Construction Company and Bank Sarmayeh had the highest increase in shares’ value, while Middle East Mines and Mineral Industries Development Holding Company and Novin and Saman insurances experienced the highest decline.
Tehran Oil Refining Company, Iranian Petrochemical Investment Company and Esfahan Steel Company provided the biggest boost to IFX.
Bank Day and Esfahan Steel Company were also on investors’ radar.
Ayandeh Fund, with the transaction of 2.7 million shares, registered the highest trade volume among listed exchange-traded funds.

Short URL : http://goo.gl/H7at43
  1. http://goo.gl/iXSy8H
  • http://goo.gl/aKzul1
  • http://goo.gl/YweVrc
  • http://goo.gl/XIdcCO
  • http://goo.gl/ITIdwV

You can also read ...

These Billions in Deals Can Help Iran Counter Trump
It hasn’t been the investment bonanza Iran hoped for, but the...
BIM Links Up With 82 Foreign Banks
Iran’s Bank of Industry and Mine has set up correspondent...
Iran’s Exports to Syria Double
Iran exported $58 million worth of goods to Syria during the...
BMI Expanding Presence in Iraq
Bank Melli Iran–the country’s biggest commercial lender–is...
Potatoes Sold to 13 Countries
More than 60,550 tons of potatoes worth 448.76 billion ($13.83...
Mouteh Gold Mine Output Up 48%
Mouteh Gold Mine produced 136 kilograms of gold ingots during...
Regulations for Dormant Accounts
In order to improve banks’ financial transparency and prevent...
Motorola Moto X4 Smartphone Details Leaked by Iranian Distributor
Mobile phone maker Motorola's distributor in Iran has...