Economy, Business And Markets

TEDPIX Stalls in Monday Trade

More than 874 million shares valued at $38.5 million changed hands at TSE.More than 874 million shares valued at $38.5 million changed hands at TSE.

Tehran Stock Exchange’s main index gained 12.80 points or 0.02% to end Monday trade at 76,522.2.

More than 874 million shares valued at $38.5 million changed hands for the day.

Bank Pasargad was the biggest riser, going up 4.78% to 1,075 rials per share.

Pars Carbon Black Company incurred the biggest loss among all TSE-listed companies as it declined 4.49% to 2,869 rials per share.

Tamin Oil, Gas and Petrochemical Investment Company gave the biggest boost to the benchmark, followed by Bandar Abbas Oil Refining Company, and Iran Telecommunications Company.

Islamic Republic of Iran Shipping Lines weighed the most on TEDPIX, followed by Ghadir Investment Group and Bank Pasargad.

The Price Index lost 84.60 points or 0.31% to end at 27,254.7.

The First Market Index gave up 237.40 points or 0.44% to 53,682.4.

The Second Market Index shed 101.20 points or 0.06% to 166,473.8.

The Industry Index dropped by 208 points or 0.33% to 63,507.6.

The Free Float Index withdrew by 285.87 points or 0.34% to 85,023.40.

The TSE 30 Index was down 15.30 points or 0.49% to 3,113.8.

The TSE 50 Index lost 11.30 points or 0.37% to 3,038.3.

 IFB Defies TSE

The over-the-counter Iran Fara Bourse’s main index IFX won 4.41 points or 0.56% to end Monday trade at 797.43.

More than 341 million securities valued at $33.5 million were traded for the day.

Tehran Oil Refining Company saw the highest number of traded shares and trade value as 9.9 million of its shares worth $12.6 million changed hands.

Shahrood Mining and Industrial Company, Tabas Parvareh Coal Company, and Tadbirgaran Fars and Khuzestan Company had the highest value increase.

Taliseh Company, Gostaresh Sarmayehgozari Iranian Company, and Saina Company saw the highest decline.

Hormozgan Steel Company, Shiraz Oil Refining Company, and Middle East Mines and Minerals Development Holding Company gave the biggest boost to the IFB benchmark.