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Stocks End Flat on Mixed Trading
Economy, Business And Markets

Stocks End Flat on Mixed Trading

Tehran Stock Exchange’s all-share index TEDPIX inched up 70.80 points or 0.09% to end Sunday trade at 78,093 as gains by large-cap auto manufacturing and copper companies were mostly canceled out by oil and petrochemical companies’ losses.
Only 39% of the TSE-listed companies posted wins for the day.
Over 1.9 billion shares valued at $132.8 million changed hands, as the number of shares traded grew by more than 4 million and trade value was up 10% compared to the prior trading day.
The Price Index gained 27.10 points or 0.09% to close at 29,890.5.
The First Market Index jumped 104.70 points or 0.19% to reach 54,177.2.
The Second Market Index was the only shrinking index as it shed 174.90 points or 0.10% to close at 173,615.1.
The Industry Index notched up 29.90 points or 0.05% to reach 65,194.8.
The Free Float Index posted the highest increase among all indices, as it advanced 486.04 points or 0.55% to register 88,108.40.
The TSE 30 Index won 8.90 points or 0.27% to post 3,295.9 while the TSE 50 Index rose 2.90 points or 0.09% to record 3,159.9.
Pars Khodro Auto Manufacturing Company provided the biggest boost to TEDPIX with a P/E ratio of 77 and 84.83 points, followed closely by Iran Khodro and National Iranian Copper Industries Company with 65.58 and 45.21 points respectively.
Parsian Oil and Gas Development Company was the worst performer with -57.19 points followed by Tamin Oil, Gas and Petrochemical Company and Iranian Shipping Lines Company with -48.33 and -44.4 points respectively.

  IFX Slips
Iran Fara Bourse’s primary index IFX wiped half of its Saturday gains, as it shed 3.78 points or 0.45% to close Sunday trade at 827.11.
According to IFB, more than 914 million securities valued at $145 million were traded in 31,000 transactions. The number of shares traded and daily trade value surged 225% and 335% compared to Saturday’s figures.
Bank Day, for the second day in a row, recorded the highest number of shares traded and highest daily trade value, as 87 million of its shares worth $4.6 million changed hands.
Kerman Development and Construction Company was the top riser, followed by Niroo Sarmayeh Company and Zangan Zinc Company, while Caspian Pharmaceutical Company, Minoo Shargh Company and Amin Reinsurance were the biggest losers.
Over 480 million securities valued at $41.8 million were traded in the First Market with Tehran Housing Investment Company accounting for the highest number of traded shares and trade value. Furthermore, the Second Market witnessed the trading of 167 million securities, as Bank Day dominated both trade volume and value.
Etemad Fund, with the transaction of 746,000 shares, registered the highest trade volume and value among listed exchange-traded funds. Moreover, 800,000 participation bonds of Middle East Mines and Mineral Industries Development Holding Company were sold out.

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