Economy, Business And Markets
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TEDPIX Up 0.15%

More than 1.1 billion shares valued at $69 million changed hands at TSE.More than 1.1 billion shares valued at $69 million changed hands at TSE.

Tehran Stock Exchange’s main index gained 117.50 points or 0.15% to end Wednesday trade at 78,081.5.

More than 1.1 billion shares valued at $69 million changed hands for the day.

Middle East Bank was the biggest riser, going up 7% to 2,845 rials per share.

Dadeh Pardazi Iran Company incurred the biggest loss among all TSE-listed companies as it went down 4.98% to 2,863 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark, followed by Ghadir Investment Company, and Middle East Bank.

Iran Telecommunications Company weighed the most on TEDPIX, followed by Bandar Abbas, and Tabriz oil refining companies.

The Price Index added 41.80 points or 0.15% to end at 27,814.7.

The First Market Index shed 24.80 points or 0.05% to 55,006.5.

The Second Market Index gained 885.80 points or 0.53% to 168,595.8.

The Industry Index won 87.20 points or 0.13% to 64,932.3.

The Free Float Index jumped by 175.48 points or 0.20% to 87,307.90.

The TSE 30 Index gathered 5.70 points or 0.18% to 3,205.4.

The TSE 50 Index advanced by 5.80 points or 0.19% to 3,107.7.

  IFX Wipes 1.78 Points

The over-the-counter Iran Fara Bourse’s main index IFX shed 1.78 points or 0.22% to end Wednesday trade at 798.92.

More than 242 million securities valued at $42.4 million were traded for the day.

Middle East Mines and Mineral Industries Development Holding Company saw the highest number of traded shares and trade value as 29.6 million of its shares worth $1.7 million changed hands.

Taliseh Company, Minoo Shargh Food Company, and Atieh Dadeh Pardaz had the highest value increase.

Tabas Parvardeh Coal Refining Company, Gostaresh Sarmayehgozari Iranian Company, and Mihan Insurance saw the highest decline.

Damavand Power Generation Company, Zagros Petrochemical Company, and Esfahan Steel Company had the most negative impact on the IFB benchmark.

Financialtribune.com