Economy, Business And Markets

TEDPIX Breaks Above 75,000 Mark

TEDPIX Breaks Above 75,000 Mark
TEDPIX Breaks Above 75,000 Mark

Tehran Stock Exchange’s main index added 249.60 points or 0.33% to end Sunday trade at 75,183.9.

More than 732 million shares valued at $71.8 million changed hands for the day.

Zar Spring Company was the biggest riser, going up 22.63% to 1,110 rials per share.

Hegmatan Cement Company incurred the biggest loss among all TSE-listed companies, as it went down 4.74% to 1,687 rials per share.

Mobarakeh Steel Company gave the biggest boost to the benchmark, followed by National Iranian Copper Industries Company and Bandar Abbas Oil Refining Company.

Persian Gulf Petrochemical Industries Company weighed the most on TEDPIX, followed by Ghadir Investment Company and Chadormalu Mining and Industrial Company.

The Price Index gained 89 points or 0.33% to end at 26,813.5.

The First Market Index won 263.20 points or 0.50% to post 52,798.1.

The Second Market Index scored 29.60 points or 0.02% to reach 163,307.6.

The Industry Index was up by 194.60 points or 0.31% to record 62,368.1.

The Free Float Index gathered 149.72points or 0.57% to hit 84,552.20.

The TSE 30 Index added 18.80 points or 0.61% to settle at 3,085.7 while the TSE 50 Index went up by 10.80 points or 0.36% to finish at 2,976.5.

  IFX Ends Lower

The over-the-counter Iran Fara Bourse’s main index IFX lost 0.71 points or 0.09% to end Sunday trade at 792.9.

More than 125 million securities valued at $46 million were traded for the day.

Pars Paper Company saw the highest number of traded shares and daily trade value, as 12.5 million of its shares worth $857,142 changed hands.

Shiraz Oil Refining Company, Caspian Pharmaceutical Company and Tuka Paint Company had the highest value increase.

Kerman Development and Construction Company, Tuka Refractories Company and Zagros Petrochemical Company saw the highest decline.

Damavand Power Generation Company, Zagros Petrochemical Company and Tehran Oil Refining Company weighed the most on the IFB benchmark.

Lavan Oil Refining Company, Arfa Steel Company and Iran Cultural Heritage and Tourism Investment Group Company were also on investors’ radar.