Economy, Business And Markets

Stocks Snap Winning Streak

Stocks Snap Winning StreakStocks Snap Winning Streak

Tehran Stock Exchange’s main index lost 379.90 points or 0.48% to end Monday trade at 78,324.7.

More than 824 million shares valued at $51.9 million changed hands for the day.

Omid Investment Group incurred the biggest loss among all TSE-listed companies as it went down 4.89% to 1,654 rials per share.

Kashan Amir Kabir Steel Company was the biggest riser, going up 5% to 7,626 rials per share.

National Iranian Copper Industries Company weighed the most on TEDPIX, followed by Omid Investment Group, and Mobarakeh Steel Company.

Jam Petrochemical Company gave the biggest boost to the benchmark, followed by Mobin Petrochemical Company, and Tamin Oil, Gas and Petrochemical Investment Group.

The Price Index shed 135.30 points or 0.48% to end at 27,903.3.

The First Market Index gave up 528.40 points or 0.95% to 55,383.8.

The Second Market Index gathered 707.80 points or 0.42% to 167,909.8.

The Industry Index was down by 363.50 points or 0.55% to 65,153. The Free Float Index plunged by 509.64 points or 0.58% to 87,785.30.

The TSE 30 Index lost 25.70 points or 0.79% to 3,244.5.

The TSE 50 Index shrank by 23.30 points or 0.74% to finish at 3,122.6.

 IFX Down 0.21%

The over-the-counter Iran Fara Bourse’s main index IFX gave up 1.75 points or 0.21% to end Monday trade at 815.22.

More than 305 million securities valued at $30 million were traded for the day.

Tehran Oil Refining Company saw the highest number of traded shares and trade value as 29.3 million of its shares worth $2.6 million changed hands.

Atieh Dadeh Pardaz Company, Shahed Construction and Development Company, and Day Insurance had the highest value increase.

Tuka Refractories Company, Gostaresh Sarmayehgozari Iranian Company, and Tuka Sepahan Paint Company saw the highest decline.

Esfahan Steel Company, Lavan Oil Refining Company, and Hormozgan Steel Company weighed the most on the IFB benchmark.