Economy, Business And Markets

Stocks End Saturday Trade Flat

Stocks End Saturday Trade FlatStocks End Saturday Trade Flat

Tehran Stock Exchange’s main index inched up by 28.30 points or 0.04% to end Saturday trade at 78,218.8.

More than 1.1 billion shares valued at $66.3 million changed hands for the day.

Farabi Pharmaceutical Company was the biggest riser, going up 22.71% to 8,845 rials per share.

Iran Mineral Processing Company incurred the biggest loss among all TSE-listed companies as it went down 4.98% to 4,830 rials per share.

Iran Telecommunications Company gave the biggest boost to the benchmark, followed by Machine Sazi Arak Company, and Esfahan Oil Refining Company.

Fajr Petrochemical Company weighed the most on TEDPIX, followed by Khuzestan Steel Company, and Persian Gulf Petrochemical Company.

The Price Index gained 10.10 points or 0.04% to end at 27,864.7.

The First Market Index gathered 35 points or 0.06% to 55,384.2.

The Second Market Index gave up 27.10 points or 0.02% to 167,241.9

The Industry Index went up by 13.70 points or 0.02% to 65,024.9.

The Free Float Index ticked up by 2.81 points or less than 0.01% to 87,670.20.

The TSE 30 Index lost 2.40 points or 0.07% to 3,232.2.

The TSE 50 Index was down 1.40 points or 0.04% to 3,113.3.

  IFX Down 0.13%

The over-the-counter Iran Fara Bourse’s main index IFX shed 1.05 points or 0.13% to end Saturday trade at 816.04.

More than 250 million securities valued at $29 million were traded for the day.

Rail Pardaz Seir Company saw the highest number of traded shares as 21.6 million of its shares changed hands.

Tehran Oil Refining Company registered the highest trade value as $3.7 million worth of its shares were traded.

Atieh Dadeh Pardaz Company, Shahrood Industrial Company, and Tuka Refractories Company had the highest value increase.

Zangan Zinc Industries Company, Kimiya Zanjan Gostar Company, and Rail Pardaz Seir Company saw the highest decline.

Esfahan Steel Company, Damavand Power Generation Company, and Arfa Steel Company weighed the most on the IFB benchmark.