Economy, Business And Markets

TEDPIX Drops Below Support Level

More than 880 million shares valued at $51.4 million changed hands at TSE.
More than 880 million shares valued at $51.4 million changed hands at TSE.

Tehran Stock Exchange’s main index shed 122.10 points or 0.16% to end Tuesday trade at 77,964.

More than 880 million shares valued at $51.4 million changed hands for the day.

Etebar Iran Investment Company incurred the biggest loss among all TSE-listed companies as it went down 4.73% to 2,197 rials per share.

Iran Parenteral and Pharmaceutical Company was the biggest riser, going up 5% to 14,003 rials per share.

National Iranian Copper Industries Company weighed the most on TEDPIX, followed by Bandar Abbas Oil Refining Company, and Ghadir Investment Company.

Iran Telecommunications Company gave the biggest boost to the benchmark, followed by Iran Mobile Telecommunications Company, and Iran Electricity Meter Manufacturing Company.

The Price Index dropped by 43.50 points or 0.16% to end at 27,774.

The First Market Index shed 147.90 points or 0.27% to 55,031.3.

The Second Market Index was up 100.50 points or 0.06% to 167,710.5.

The Industry Index lost 109 points or 0.17% to 64,845.1.

The Free Float Index slid by 249.04 points or 0.27% to 87,132.40.

The TSE 30 Index gave up 9.80 points or 0.31% to 3,199.7.

The TSE 50 Index tumbled by 4.60 points or 0.15% to 3,101.9.

  IFX Down 1.74 Points

The over-the-counter Iran Fara Bourse’s main index IFX shed 1.74 points or 0.22% to end Tuesday trade at 800.85.

More than 197 million securities valued at $50.8 million were traded for the day.

Atieh Dadeh Pardaz saw the highest number of traded shares and trade value as 24 million of its shares worth $1.1 million changed hands.

Taliseh Company, Minoo Shargh Food Company, and Mavad Vizhe Lia Company had the highest value increase.

Saman Insurance, Tadbirgaran Fars and Khuzestan Company, and Rail Pardaz Seir Company saw the highest decline.

Hormozgan Steel Company, Tehran Oil Refining Company, and Esfahan Steel Company had the most negative impact on the IFB benchmark.