Economy, Business And Markets

TEDPIX Lumbers Ahead

TEDPIX Lumbers AheadTEDPIX Lumbers Ahead

Tehran Stock Exchange’s main index gained 27 points or 0.04% to end Wednesday trade at 73,763.

Over 1.7 billion shares valued at $177 million were traded for the day.

Ardakan Industrial Tiles Company was the biggest riser, going up 5% to 53,833 rials per share.

Esfahan Oil Refining Company incurred the biggest loss among all TSE-listed companies, as it went down 4.98% to 2,459 rials per share.

Golgohar Mining and Industrial Company gave the biggest boost to the benchmark, followed by Chadomarlu Mining and Industrial Company and Omid Investment Group.

SAIPA weighed the most on TEDPIX, followed by Pardis Petrochemical Company and Tose’e Melli Investment Group.

The Price Index added 9.70 points or 0.04% to close at 26,681.8.

The First Market Index lost 5.10 points or 0.01% to post 51,338.1.

The Second Market Index won 200.70 points or 0.12% to register 162,941.7.

The Industry Index edged up by 49 points or 0.08% to reach 61,150.6. The Free Float Index shed 11.36 points or 0.01% to settle at 82,326.10.

The TSE 30 Index withdrew by 2.40 points or 0.08% to record 2,991.3 while the TSE 50 Index was up by 0.70 points or 0.02% to finish at 2,920.3.

  IFX Loses 3.3 Points

The over-the-counter Iran Fara Bourse’s main index IFX lost 3.3 points or 0.43% to end Wednesday trade at 767.1.

More than 192 million securities valued at $28.9 million were traded for the day.

Pars Paper Industries Company saw the highest number of traded shares and trade value, as 31.8 million of its shares worth $6.3 million changed hands.

Tuka Paint Company, Kosar Insurance and Zangan Zinc Industries Company had the highest increase in share value.

Tuka Refractories Company, Damavand Power Generation Company and Gostaresh Sarmayegozari Iranian Company posted the highest decline.

Esfahan Steel Company, Bank Day and Lavan Oil Refining Company were also on investors’ radar.

Damavand Power Generation Company, Marun Petrochemical Company and Zagros Petrochemical Company weighed the most on IFX.