Economy, Business And Markets

Stocks Extend Winning Momentum

Stocks Extend Winning MomentumStocks Extend Winning Momentum

Tehran Stock Exchange’s main index gained 379.70 points or 0.48% to end Sunday trade at 78,704.6.

More than 1.2 billion shares valued at $87.7 million changed hands for the day.

Iran Argham Company was the biggest riser, going up 5% to 4,686 rials per share.

Housing Investment Company incurred the biggest loss among all TSE-listed companies as it went down 6.21% to 1,058 rials per share.

Tamin Oil, Gas and Petrochemical Investment Company gave the biggest boost to the benchmark, followed by Omid Investment Group, and Tose’e Melli Investment Group

Esfahan Oil Refining Company weighed the most on TEDPIX, followed by Atieh Damavand Investment Company, and Golgohar Mining and Industrial Company.

The Price Index added 135.20 points or 0.48% to end at 28,038.6.

The First Market Index gained 260.90 points or 0.47% to 55,912.2.

The Second Market Index rose by 858.40 points or 0.52% to 167,202.4.

The Industry Index won 347.20 points or 0.53% to 65,516.5.

The Free Float Index scored 297.34 points or 0.34% to 88,294.90.

The TSE 30 Index leapt up by 12.20 points or 0.37% to 3,270.2.

The TSE 50 Index garnered 15.60 points or 0.50% to finish at 3,145.9.

  IFX Up 0.23%

The over-the-counter Iran Fara Bourse’s main index IFX gained 1.86 points or 0.23% to end Sunday trade at 816.97.

More than 290 million securities valued at $37.1 million were traded for the day.

Tehran Oil Refining Company saw the highest number of traded shares and trade value as 49.2 million of its shares worth $4.3 million changed hands.

Atieh Dadeh Pardaz Company, Shahed Construction and Development Company, and Rail Pardaz Seir Company had the highest value increase.

Mihan Insurance, Saman Insurance and Tuka Sephana Paint Company saw the highest decline.

Tehran Oil Refining Company, Esfahan Steel Company, and Lavan Oil Refining Company gave the biggest boosts to the IFB benchmark.