Economy, Business And Markets

TEDPIX Adds 52.50 Points

TEDPIX Adds 52.50 PointsTEDPIX Adds 52.50 Points

Tehran Stock Exchange’s benchmark index gained 52.50 points or 0.07% to end Monday trade at 73,816.7.

More than 845 million shares valued at $71 million were traded for the day.

Khuzestan Steel Company was the day’s biggest riser, going up 5.65% to 2,467 rials per share.

Iran Fiber Company incurred the biggest losses among all TSE-listed companies as it went down 4.99% to 6,384 rials per share.

MAPNA Group gave the biggest boost to the benchmark, followed by Khuzestan Steel Company and Bank Mellat.

Esfahan Steel Company weighed most on TEDPIX, followed by Persian Gulf Petrochemical Industries Company and Tamin Oil, Gas and Petrochemical Industries Investment Company.

The Price Index gained 19.10 points or 0.07% to end at 73,816.7.

The First Market Index won 159.10 points or 0.31% to reach 51,406.4.

The Second Market Index lost 610.50 points or 0.37% to settle at 162,878.5.

The Industry Index gave up 19 points or 0.03% to register 61,199.2.

The Free Float Index was up by 40.50 points or 0.05% to post 82,521.50.

The TSE 30 Index advanced by 3 points or 0.10% to hit 2,995.1 while the TSE 50 Index won 3.10 points or 0.11% to finish at2,920.

  IFX Down 0.43%

Iran Fara Bourse’s main index, IFX, lost 2.54 points or 0.43% to end Monday trade at 775.95.

More than 235 million securities valued at $19 million were traded for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value, as 38 million of its shares worth $1.5 million changed hands.

Tuka Paint Company, Kosar Insurance Company and Bahman Leasing Company had the highest increase in share value. Damavand Power Generation Company, Shirvan Sugar Company and Esfahan Steel Company saw the highest decline.

Bank Day, Tehran Oil Refining Company and Tehran Housing Investment Company were also on investors’ radar.

Hormozgan Steel Company, Bank Sarmayeh and Shiraz Oil Refining Company gave the biggest boost to IFX.

Furthermore, 50,000 Musharakah bonds of Majd operation were sold out.