Economy, Business And Markets

TEDPIX Up 0.12%

TEDPIX Up 0.12%TEDPIX Up 0.12%

Tehran Stock Exchange’s main index TEDPIX notched up 3.90 points or 0.12% to close Monday trade at 3,163.8.

Over 2.3 billion shares valued at $173.2 million were traded, with the number of traded shares and daily trade value growing 20% and 32% compared to Sunday respectively.

The Price Index inched up 25 points or 0.08% to end at 29,908.4.

The First Market Index gathered 260.70 points or 0.48% to reach 54,437.9.

The Second Market Index posted the highest loss among all indices, as it shrank 1,142.60 points or 0.66% to close at 172,472.4.

The Industry Index retreated 306.20 points or 0.47% to close at 64,888.6.

The Free Float Index advanced 531.12 points or 0.60% to register 88,639.50.

The TSE 30 Index was up 27.30 points or 0.83% to post 3,323.2 while the TSE 50 Index won 3.90 points or 0.12% to settle at 3,163.8.

Exir Pharmaceutical Company was the day’s biggest riser as it went up 4.87% to 1,050 rials per share, followed by Sina Pharmaceutical Company and Pars Darou.

Persian Gulf Petrochemical Industries Company was the worst performer with -135.36 points. National Iranian Copper Industries Company and Iran Telecommunications Company followed with -47.2 and -39.27 points respectively.

  IFX Extends Losing Trend

Iran Fara Bourse’s all-share index IFX continued its two-day downward trend, as it lost 6.19 points or 0.75% to end at 820.92.

According to IFB, over 457 million securities valued at $68.8 million changed hands in 32,000 transactions. The number of shares traded and daily trade value were more than halved compared to the prior trading day.

Bank Day recorded the highest number of shares traded and highest daily trade value for the third day in a row, as 74.8 million of its shares valued at $4.1 million changed hands.

Shahed Construction and Development Company, Kerman Development and Construction Company and Etela Alborz Investment Company had the highest increase in shares’ value.

Arfa Steel Company, Ballast Company and Mihan Insurance posted the day’s biggest losses.

Etemad Fund, with the transaction of 3 million shares, registered the highest trade volume among listed exchange-traded funds. In addition, 49,957 leasing bonds of RighTel with a three-month maturity were sold out.