TSE Benchmark Rebounds
Economy, Business And Markets

TSE Benchmark Rebounds

Tehran Stock Exchange’s main index TEDPIX gained 746.40 points or 0.97% to end Wednesday trade at 77,888.
More than 1.9 billion shares changed hands valued at $174.7 million.
The Price Index advanced 286.20 points or 0.97% to settle at 29,862.9.
The First Market Index rose 50.180 points or 0.94% to post 54,022.9.
The Second Market Index climbed 1,757.70 points or 1.03% to reach 173,230.7.
The Industry Index grew 609.50 points or 0.95% to settle at 64,517.1.
The Free Float Index added 891.02 points or 1.03% to register 87,330.40.
The TSE 30 Index was up 31.70 points or 0.98% to post 3,274.4 while the TSE 50 Index gained 35.30 points or 1.14% to close at 3,143.1.
Persian Gulf Petrochemical Company provided the biggest boost to TEDPIX by 140.0 points, following Mobarakeh Steel Company and Informatics Services Corporation by 98.03 and 65.42 points respectively.
Bank Parsian, with a P/E ratio of 15 and -25.51 points, had the most downbeat performance, followed by Credit Pension Fund Investment Company and Parsian Oil and Gas Development Company with -20.50 and -14.18 points respectively.

  IFX Up 1.16%
Iran Fara Bourse’s main index IFX grew 9.41 points or 1.16% to stop at 819.39.
More than 341 million securities valued at $86.6 million were traded.
Esfahan Steel Company registered the highest number of shares traded and trade value, as 52.7 million of its shares worth $2.1 million changed hands.
Mihan Insurance, Niroo Sarmayeh Company and Minoo Industrial Company had the highest increase in shares’ value, while Fanava Company, Ravan Fanavar Engineering Company and Tadbirgaran-e Fars and Khuzestan posted the highest decline.
Over 48 million securities valued at $3.2 million were transacted in the First Market. The Second Market witnessed the trading of 159.9 million securities valued at $14.3 million.
Etemad Fund, with the transaction of 727,000 shares, registered the highest trade volume among listed exchange-traded funds.


Short URL : http://goo.gl/KchOOQ
  1. http://goo.gl/ONfMJg
  • http://goo.gl/rrtQfB
  • http://goo.gl/XjRpVo
  • http://goo.gl/8cnRIU
  • http://goo.gl/Up8xhG

You can also read ...

Iran Petrochemical Revenues at  $5.5 Billion in Six Months
Iran exported $5.57 billion worth of petrochemical and polymer...
Calm Housing Market Forecast for Tehran in Fiscal H2
The Iranian housing sector, which has just entered a pre-boom...
OIC is an international organization consisting of 57 member states.
The countries of the Organization of Islamic Cooperation...
Iran Fortifies Ties With IDB, Malaysia
Minister of Economic Affairs and Finance Masoud Karbasian met...
Private banks and non-bank credit institutions held the biggest share of foreign assets among Iranian financial institutions.
The total value of Iranian banks’ foreign assets by August 22...
Ahmad Araqchi (R) meets Alexey Tyupanov
The Central Bank of Iran has signed an agreement with the...
In Iran, import tariffs on apparel are set at 55%, apart from a 9% value-added and an additional 4% tax.
About 1,840 tons of apparel worth close to $22.75 million were...
Upswing in  US Dollar
The US dollar, the most widely traded currency in Tehran’s...