Economy, Business And Markets

TEDPIX Nudges Up 29 Points

TEDPIX Nudges Up 29 PointsTEDPIX Nudges Up 29 Points

Tehran Stock Exchange’s benchmark index, TEDPIX, added 29.40 points or 0.04% on Saturday to end trade at 73,906.5.

Over 620 million shares valued at $40.9 million were traded for the day.

Etebar Iran Investment Company posted the biggest gains among all TSE-listed companies, as it grew 4.99% to 2,187 rials per share.

Iran Mineral Processing Company was the biggest loser, as it plunged 4.95% to 3,127 rials per share.

MAPNA Group provided the biggest boost to TEDPIX, followed by Ghadir Investment Company and Iran Transfo Company.

Mobarakeh Steel Company weighed most on the benchmark, followed by Tabriz Oil Refining Company and Persian Gulf Petrochemical Industries Company.

The Price Index edged up 10.70 points or 0.04% to close at 26,914.9.

The First Market Index gathered 56.20 points or 0.11% to reach 51,294.4. The Second Market Index shed 146.70 points or 0.09% to settle at 164,202.3. The Industry Index was up 4.10 points or 0.01% to record 61,675.5.

The Free Float Index scored 119.11 points or 0.15% to hit 82,037.20.The TSE 30 Index added 3.50 points or 0.12% to post 2,985.1 while the TSE 50 Index gained 0.30 points or 0.01% to finish at 2,935.6.

  IFX Down 0.3%

Iran Fara Bourse’s primary index gave up 3.12 points or 0.3% to stop at 773.94 on Saturday. More than 410 million securities valued at $23.5 million changed hands for the day.

With the trading of 22.5 million securities, Bank Day registered the highest number of traded shares, while Tehran Oil Refining Company recorded the highest trade value by trading shares worth $1.9 million.

Middle East Mines and Minerals Development Holding Company, Esfahan Steel Company and Maroun Petrochemical Company weighed most on IFX.

Tabas Parvardeh Coal Company, Saman Insurance and Yazd Alloy Steel had the highest increase in share value. Niroo Sarmayeh Company, Pardis Housing Investment Company and Kosar Insurance posted the highest decline.

The First Market saw the trading of 25.5 million securities worth $1.4 million. Seventy-nine million securities valued at $6.1 million were traded in the Second Market.

Atieh Kosar Fund, with the transaction of 1.7 million shares valued at $526,000, recorded the highest trade volume among listed exchange-traded funds.