Economy, Business And Markets

TEDPIX Ends Monday Trade 0.16% Lower

TEDPIX Ends Monday Trade 0.16% LowerTEDPIX Ends Monday Trade 0.16% Lower

Tehran Stock Exchange’s main index shed 116.80 points or 0.16% to close Monday trade at 73,947.2.

More than 1.4 billion shares valued at $80.3 million were traded on the day.

Fars Cement Company incurred the biggest loss among TSE-listed companies as it went down 4.99% to 7,786 rials per share.

Iran Fiber Company was the biggest riser, going up 5% to 6,533 rials per share.

Iran Khodro weighed the most on the benchmark, followed by Golgohar Mining and Industrial Company and Persian Gulf Petrochemical Industries Company.

Tamin Oil, Gas and Petrochemical Industries Investment Company gave the biggest boost to TEDPIX, followed by Islamic Republic of Iran Shipping Lines and National Iranian Copper Industries Company. The Price Index lost 42.40 points or 0.16% to close at 26,872.

The First Market Index gave up 144.50 points or 0.28% to post 51,433.3. The Second Market Index added 118.40 points or 0.07% to reach 163,545.4.

The Industry Index fell by 85.70 points or 0.14% to settle at 61,413.3. The Free Float Index lost 348.60 points or 0.42% to register 82,789.20. The TSE 30 Index was down by 8.40 points or 0.28% to hit 3,005.9 while the TSE a50 Index gave up 3.90 points or 0.13% to finish at 2,927.3.

 IFX Up 0.2%

Iran Fara Bourse’s benchmark index, IFX, inched up 1.58 points or 0.2% to end Monday trade at 781.4.

Close to 230 million securities valued at $39.5 million changed hands for the day.

Kosar Financial and Credit Institution saw the highest number of traded shares, as 27 million of its shares changed hands. Esfahan Steel Company posted the highest trade value with the trading of $1.1 million worth of its shares.

Hormozgan Steel Company, Sabzevar Cement Company and Kosar Financial and Credit Institution had the highest increase in share value.

Tuka Rail Company and Iran Cultural Heritage and Tourism Investment Group Company posted the highest decline.

Hormozgan Steel Company and Tehran Oil Refining Company gave the biggest boost to IFX.

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