Economy, Business And Markets

TEDPIX Scores 105 Points

TEDPIX Scores 105 PointsTEDPIX Scores 105 Points

Tehran Stock Exchange’s main index gained 105 points or 0.14% to end Saturday trade at 73,868.

Over 972 million shares valued at $61.9 million were traded for the day.

Pars Tile Company was the biggest riser, going up 4.99% to 6,316 rials per share.

Nasir Machine Company incurred the biggest loss among all TSE-listed companies, as it went down 4.49% to 2,403 rials per share.

Bandar Abbas Oil Refining Company gave the biggest boost to the benchmark, followed by Chadormalu Mining and Industrial Company and Esfahan Oil Refining Company.

SAIPA weighed the most on TEDPIX, followed by MAPNA Group and Bank Mellat.

The Price Index added 38 points or 0.14% to close at 26,717.5. The First Market Index gained 101.30 points or 0.20% to post 51,439.4.

The Second Market Index won 66.60 points or 0.04% to reach 163,007. The Industry Index scored 122.60 points or 0.20% to register 61,273.2. The Free Float Index rose by 66.68 points or 0.08% to hit 82,392.80.

The TSE 30 Index was up by 3.20 points or 0.11% to settle at 2,994.5 while the TSE 50 Index gathered 4.60 points or 0.16% to finish at 2,924.9.

  IFX Up 0.5%

The over-the-counter Iran Fara Bourse’s main index IFX gained 3.85 points or 0.5% to end Saturday trade at 770.77

Over 1.5 billion securities valued at $43.8 million were traded for the day.

Bank Day saw the highest number of traded shares, as 14.6 million of its shares changed hands.

Hormozgan Steel Company had the highest daily trade value, as $717,000 worth of its shares were traded.

Mavad-e Vizhe Lia Company, KBC Company and Kosar Insurance had the highest increase in share value.

Ravan Fanavar Engineering Company, Mihan Insurance and Shahed Construction and Development Company posted the highest decline.

Esfahan Steel Company, Damavand Power Generation Company and Lavan Oil Refining Company were on investors’ radar.

Lavan and Shiraz oil refining companies and Kosar Insurance gave the biggest boost to IFX.