Economy, Business And Markets

TEDPIX Ends Flat

TEDPIX Ends FlatTEDPIX Ends Flat

Tehran Stock Exchange’s benchmark index edged up 27.20 points or 0.04% to end Saturday trade at 73,672.

Close to 820 million shares valued at $51.3 million changed hands for the day.

Pars Tile Company recorded the highest share value rise among all TSE-listed companies, going up 4.99% to 4,625 rials per share.

Saba Nour Mining and Industrial Development Company incurred the biggest losses, as it went down 5.45% to 1,787 rials per share.

Bank Mellat gave the biggest lift to the benchmark, followed by Chadormalu Mining and Industrial Company and Islamic Republic of Iran Shipping Lines Company.

Bandar Abbas Oil Refining Company weighed most on the benchmark followed by Golgohar Mining and Industrial Company and Esfahan Oil Refining Company.

The Price Index inched up 10 points or 0.04% to stop at 26,799.5. The First Market Index shed 60.80 points or 0.12% to reach 51,253.7. The Second Market Index added 534 points or 0.33% to post 162,867. The Industry Index was down 28.90 points or 0.05% to settle at 61,117.1. The Free Float Index gave up 11.36 points or 0.01% to close at 82,329. The TSE 30 Index lost 0.90 points or 0.03% to register 2,994.6, while the TSE 50 Index won 0.50 points or 0.02% to record 2,918.

  IFX Down 0.88%

Iran Fara Bourse’s primary index lost 6.86 points or 0.88% to end at 770.58.

More than 352 million securities valued at $41.3 million were traded on Saturday.

Niroo Sarmayeh Company, Tourism Bank and Shirvan Sugar Company posted the highest increase in share value. Zangan Zinc Company, Kimiya Zanjan Gostaran Company and Marjankar Company incurred the biggest losses.

Omid Goharan Company posted the day’s highest number of traded shares with 27.7 million.

With the trading of $1.2 million of its shares, Esfahan Steel Company recorded the highest daily trade value.

Tehran Oil Refining Company and Esfahan Steel Company weighed most on IFX.

More than 53.4 million securities valued at $2.3 million were traded in the First Market. The Second Market saw the trading of 78 million securities valued at $5.1 million.

Etemad Fund posted the highest trade volume among listed exchange-traded funds with the transaction of 2.9 million of its shares.