Economy, Business And Markets

TEDPIX Ends 0.23% Lower

TEDPIX Ends 0.23% Lower
TEDPIX Ends 0.23% Lower

Tehran Stock Exchange’s main index shed 177.9 points or 0.23% to end Wednesday trade at 78,190.5.

More than 689 million shares valued at $88.4 million changed hands for the day.

Iran Alloy Steel Company incurred the biggest loss among all TSE-listed companies as it went down 4.85% to 1,922 rials per share.

Darou Pakhsh Company was the biggest riser, going up 5% to 6,720 rials per share.

Bandar Abbas Oil Refining Company weighed the most on TEDPIX, followed by Jam Petrochemical Company, and Parsian Oil and Gas Development Company.

Ghadir Investment Company gave the biggest boost to the benchmark, followed by Iran Telecommunications Company, and National Iranian Copper Industries Company.

The Price Index lost 63.40 points or 0.23% to end at 27,854.6.

The First Market Index withdrew by 133.20 points or 0.24% to 55,349.2.

The Second Market Index gave up 338 points or 0.20% to 167,269.

The Industry Index went down by 190.40 points or 0.29% to 65,011.2.

The Free Float Index fell by 132.23 points or 0.15% to 87,667.40.

The TSE 30 Index lost 12.30 points or 0.38% to 3,234.4.

The TSE 50 Index was down 9.30 points or 0.30% to 3,114.7.

  IFX Loses 1.12 Points

The over-the-counter Iran Fara Bourse’s main index IFX shed 1.12 points or 0.14% to end Wednesday trade at 816.99.

More than 325 million securities valued at $45.4 million were traded for the day.

Rail Pardaz Seir Company saw the highest number of traded shares as 61.6 million of its shares changed hands.

Tehran Oil Refining Company registered the highest trade value as $2.7 million worth of its shares were traded.

Tuka Refractories Company, Atieh Dadeh Pardaz Company, and Caspian Pharmaceutical Company had the highest value increase.

Tabas Parvardeh Coal Company, Saman Insurance, and Shiraz Oil Refining Company saw the highest decline.

Tehran, Lavan, and Shiraz oil refining companies weighed the most on the IFB benchmark.