Economy, Business And Markets

Stocks End Sunday Trade Flat

Stocks End Sunday Trade FlatStocks End Sunday Trade Flat

Tehran Stock Exchange’s main index, TEDPIX, inched up 71.54 points or 0.10% to close Sunday trade at 73,743.50.

Close to 950 million securities valued at $62.3 million were traded in the day.

Ardakan Industrial Tiles Company was the main riser as it went up 5% to 62,266 rials per share.

Iran Fiber Company posted the biggest loss among all TSE-listed companies, dropping 4.95% to 5,474 rials per share.

Saipa, Iran’s second largest auto manufacturer gave the biggest boost to TEDPIX, followed by Iranian Investment Petrochemical Group and Iran Khodro.

Bank Mellat weighed most on the benchmark followed by National Iranian Copper Industries Company, and Tamin Pharmaceutical Investment Group.

The Price Index added 25.89 points or 0.10% to close at 26,823.80. The First Market Index shed 5.48 points or 0.01% to 51,823.80.

The Second Market Index scored 486.32 points or 0.30% to 163,353.40. The Industry Index won 103.47 points or 0.16% to 61,220.60.

The Free Float Index gained 184.58 points or 0.22% to 82,513.60. The TSE 30 Index was down 2.40 points or 0.08% to 2,992.2, and the TSE 50 Index lost 2 points or 0.07% to 2,916.

 IFX up 0.4%

Iran Fara Bourse’s benchmark index added 3.20 points or 0.4% to 773.80. About 340 million securities valued at $21 million were traded on Sunday.

Esfahan Steel Company registered the highest number of traded shares and highest daily trade value as 31.2 million of its shares worth $2.3 million changed hands.

Marun Petrochemical Company gave the biggest lift to IFX.

ASP Company, Baghmisheh Urban Development and Housing Company, and Kimiya Zanjan Gostaran Company had the highest share value increase. Tabas Parvardeh Coal Company, Chaharmahal Sugar Company, and Tuka Refractories Company posted the biggest decline.

The First Market saw the trading of 52.7 million securities valued at $2.2 million, with Omid Goharan Company registering the highest number of traded shares.

More than 93 million securities valued at $6.4 million changed hands in the Second Market. Esfahan Steel Company filed the highest trade value.

Etemad Fund recorded the highest trade volume among listed exchange-traded funds with the transaction of 2.4 million shares valued at $950,000.