Economy, Business And Markets

TSE Keeps Rallying, TEDPIX Up 0.46%

TSE Keeps Rallying, TEDPIX Up 0.46%
TSE Keeps Rallying, TEDPIX Up 0.46%

Tehran Stock Exchange’s main index gained 354 points or 0.46% to end Sunday trade at 76,579.7.

More than 1 billion shares valued at $76.1 million changed hands for the day.

Pelasco Kar Saipa Company was the biggest riser, going up 16.99% to 832 rials per share.

Sina Tiles and Ceramics Industries Company incurred the biggest loss among all TSE-listed companies, as it went down 4.98% to 2,386 rials per share.

Mines and Metals Development Investment Company gave the biggest boost to the benchmark, followed by Chadormalu and Golgohar mining and industrial companies.

Esfahan Oil Refining Company weighed the most on TEDPIX, followed by Ghadir Investment Company and Machine Sazi Arak Company.

The Price Index added 126.20 points or 0.46% to end at 27,285.7. The First Market Index advanced by 402 points or 0.75% to post 54,171.7. The Second Market Index lost 130.10 points or 0.08% to reach 164,040.9. The Industry Index gathered 313.90 points or 0.50% to register 63,640.4. The Free Float Index jumped by 513.13 points or 0.60% to settle at 86,048.30. The TSE 30 Index scored 25.50 points or 0.81% to record 3,157.7 while the TSE 50 Index won 18.70 points or 0.62% to finish at 3,047.8.

  IFX Up 0.23%

The over-the-counter Iran Fara Bourse’s main index IFX added 1.86 points or 0.23% to end Tuesday trade at 801.56.

More than 168 million securities valued at $40 million were traded for the day.

Gostaresh Sarmayehgozari Iranian Company saw the highest number of traded shares, as more than 14.8 million of its shares changed hands.

Tehran Oil Refining Company recorded the highest trade value with $857,000 worth of its shares traded.

Saman Insurance, Gostaresh Sarmayehgozari Iranian Company and Parsian Rail Transportation Development Company had the highest value increase.

Shahrood Industrial and Mining Company, Ghasem Iran Company and Minoo Food Industries Company saw the biggest decline.

Middle East Mines and Mineral Industries Development Holding Company, Shiraz Oil Refining Company and Zagros Petrochemical Company gave the biggest boost to the IFB benchmark.

Esfahan Steel Company, Omid Taban Hour Energy Management Company and Damavand Power Generation Company were also on investors’ radar.