Economy, Business And Markets

TEDPIX Ends Saturday Trade Flat

TEDPIX Ends Saturday Trade FlatTEDPIX Ends Saturday Trade Flat

Tehran Stock Exchange’s main index gained 56.50 points or 0.07% to close Saturday trade at 81,536.9. Shipping, petrochemical and oil companies provided the biggest boost to the benchmark.

Nearly 1.2 billion shares were traded valued at $91.3 million. The number of shares increased by more than 300 million and daily trade value jumped 20% compared to Wednesday.

Nirou Chlor Company was the day’s best performer as its shares went up 10% to 2,585 rials each.

Noor Kosar Investment Company had the worst performance as its shares dropped 4.96% to 1,075 rials each.

Iranian Shipping Lines Company, with a P/E ratio of 43 and 103.3 points, gave the biggest lift to TEDPIX, followed closely by Persian Gulf Petrochemical Industries Company and Tamin Oil, Gas and Petrochemical Company with 101.9 and 62.48 points respectively.

The Price Index gained 21.40 points or 0.07% to stop at 31,011.1.

The First Market Index posted the biggest loss among all indices, going down 176.40 points or 0.30% to settle at 57,749.9.

The Second Market Index jumped 1,408.90 points or 0.82% to register 174,195.9.

The Industry Index won 117.60 points or 0.17% to post 67,706.4.

The Free Float Index was down 239.04 points or 0.25% to reach 93,908.30.

The TSE 30 Index lost 9.90 points or 0.29% to finish at 3,440.5.

 nd the TSE 50 Index added 2.40 points or 0.007% to hit 3,313.2.


  IFX Down 0.57%

Iran Fara Bourse’s main index IFX lost 4.68 points or 0.57% to close Saturday trade at 809.52.

Over 197 million securities valued at $26.4 million changed hands in 33,000 transactions.

Tehran Oil Refining Company recorded the day’s highest number of shares traded, while Rail Pardaz Seir Company posted the highest daily trade value.

Over 21 million securities valued at $1.3 million were traded in the first market, with Tehran Housing Investment Company registering the highest number of shares changing hands.

The Second Market witnessed the trading of 129 million securities valued at $12.7 million, as Tehran Oil Refining Company filed the highest trade value.

Saina Company, Gostaresh Tejarat va Sarmayeh Iranian Company and Niroo Sarmayeh Company had the highest increase in shares’ value, while Marun Petrochemical Company and Marjankar Company experienced the highest decline.

Atlas Fund, with the transaction of 680,000 of its shares, registered the highest trade volume among listed exchange-traded funds. Furthermore, 127,000 participation bonds of MAPNA Group valued at $3.6 million were sold out.