Economy, Business And Markets

TEDPIX Stays Put

TEDPIX Stays PutTEDPIX Stays Put

Tehran Stock Exchange’s main index inched up 2.10 points or 0.07% to close Saturday trade at 73,965.5

More than 785 million shares valued at $70 million were traded for the day.

Iran Zinc Mines Development Company was the biggest riser, going up 5% to 1,765 rials per share.

Offset Press Inc. incurred the biggest loss among TSE-listed companies, as it went down 4.97% to 5,676 rials per share.

Iran Mobile Telecommunications Company gave the biggest lift to TEDPIX, followed by Mines and Metals Development Company and Omid Investment Group.

Islamic Republic of Iran Shipping Lines weighed most on the benchmark, followed by Bank Karafarin and Machine Sazi Arak Company.

The Price Index added 9.20 points or 0.03% to end at 26,896.2.

The First Market Index was up 7.80 points or 0.02% to reach 51,410.9.

The Second Market Index scored 114.10 points or 0.07% to register 163,795.1.

The Industry Index gained 70 points or 0.11% to post 61,390.3.

The Free Float Index shed 22 points or 0.03% to settle at 83,011.20.

The TSE 30 Index gained 2.40 points or 0.08% to close at 3,007, while the TSE 50 Index rose 2.10 points or 0.07% to finish at 2,924.6.

  IFX Gains 0.24%

Iran Fara Bourse’s benchmark index, IFX, gathered 1.86 points or 0.24% to 777.73.

Over 335.1 million securities valued at $22.3 million changed hands for the day.

More than 34 million securities valued at $1.7 were traded in the First Market. The Second Market witnessed the trading of 95.7 million securities valued at $6.2 million.

Pars Paper Company saw the highest number of traded shares and daily trade value, as 24.6 million of its shares worth $1.5 million changed hands.

Zanjan Gostaran Company, Zarin Madan Asia Company and Zangan Zinc Industries Company posted the highest share value increase. Saman Insurance, Alborz Distribution Company and Pardis Housing Investment Company posted the highest decline.

Hormozgan Steel Company and Tourism Bank gave the biggest boost to IFX.

Etemad Fund registered the highest trade volume among listed exchange-traded funds with the transaction of 2.2 million shares.