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Stock Markets End Sunday Trade Flat
Economy, Business And Markets

Stock Markets End Sunday Trade Flat

Tehran Stock Exchange’s main index TEDPIX inched up 115.30 points or 0.15% to end Sunday trade at 76,709.5.
More than 1.7 billion shares valued at $114.8 million changed hands, recording a nearly 35% drop in daily trade value compared to Saturday.
The Price Index gained 44.20 points or 0.15% to settle at 29,432.7.
The First Market Index shed 76.30 points or 0.14% to reach 53,287.4.
The Second Market Index advanced 1,156.30 points or 0.68% to post 170,109.3.
The Industry Index gathered 116.40 points or 0.18% to register 63,686.6.
The Free Float Index was down 73.27 points or 0.09% to finish at 85,721.70.
The TSE 30 Index added 0.40 points or 0.01% to hit 3,232.4 while the TSE 50 Index was up 6.10 points or 0.20% to record 3,092.2.
More than 60% of the listed companies failed to lift the benchmark.
Jam Petrochemical Company provided the biggest boost to TEDPIX with 70.13 points, followed by Informatics Services Corporation and Persian Gulf Petrochemical Industries Company with 58.29 and 54.85 points respectively.
MAPNA Group, with a P/E ratio of 15, was the worst performer dragging down the benchmark by 61.38 points, followed by Bandar Abbas Oil Refining Company and Mobarakeh Steel Company with 53.14 and 38.51 points, respectively.

  IFX Slips
Iran Fara Bourse’s main index IFX lost 7.29 points or 0.09% to stop at 799.44.
More than 247 million securities valued at $42.1 million changed hands in 26,000 transactions. Trade value nearly halved compared to Saturday.
Bank Day had the highest number of shares traded for the third day in a row, as 29 million of its shares were transacted.
Furthermore, Eghtesad Novin Investment Company filed the highest daily trade value with $2.6 million of its shares changing hands.
Amir Kabir Petrochemical Company, Minoo industrial Company and Esfahan Steel Company had the highest increase in shares’ value, while Niroo Sarmayeh Company, Arfa Steel Company and Shiraz Oil Refining Company experienced the highest decline.
Tehran Oil Refining Company and Middle East Mines and Mineral Industries Development Holding Company provided the biggest boost to IFX.
Over 36 million securities valued at $2.2 million changed hands in the first market, with the highest number of shares traded and highest trade value being recorded for Bank Sarmayeh.
The Second Market witnessed the trading of 128.8 million securities valued at $10.2 million. For the second day in a row, Bank Day registered the highest number of shares traded and highest trade value at the Second Market.
Etemad Fund, with the transaction of 7.6 million shares, registered the highest trade volume among listed exchange-traded funds. Moreover, 166,700 leasing bonds of RighTel were sold out.

 

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