Economy, Business And Markets

Stocks Stall on Sunday

More than 390 million shares valued at $22.5 million changed hands at TSE.More than 390 million shares valued at $22.5 million changed hands at TSE.

Tehran Stock Exchange’s main index inched up by 3.60 points or less than 0.01% to end Sunday trade at 76,643.9.

More than 390 million shares valued at $22.5 million changed hands for the day.

Negin Tabas Coal Company was the biggest riser, going up 4.99% to 2,569 rials per share.

Hafez Ceramics and Tiles Company incurred the biggest loss among all TSE-listed companies, as it went down 4.80% to 2,958 rials per share.

National Copper Industries Company gave the biggest boost to the benchmark, followed by Iran Khodro and Iran Mobile Telecommunications Company.

Bandar Abbas Oil Refining Company weighed the most on TEDPIX, followed by Persian Gulf Petrochemical Industries Company and Machine Sazi Arak Company.

The Price Index lost 36.30 points or 0.13% to end at 27,301.3.

The First Market Index gave up 132.5 points or 0.25% to reach 53,799.5.

The Second Market Index advanced by 137 points or 0.08% to register 166,610.

The Industry Index dropped by 84.30 points or 0.13% to settle at 63,656.8.

The Free Float Index shed 165.06 points or 0.31% to post 85,129.20.

The TSE 30 Index was down by 9.90 points or 0.32% to close at 3,119.1 while the TSE 50 Index slipped by 3 points or 0.10% to finish at 3,045.4.

 IFB Stays Put as Well

The over-the-counter Iran Fara Bourse’s main index IFX added 2.80 points or 0.03% to end Sunday trade at 807.10.

More than 261 million securities valued at $28.2 million were traded for the day.

Pars Paper Industries Company saw the highest number of traded shares, as 9.4 million of its shares changed hands.

Bahman Diesel Company recorded the highest trade value, as $714,000 worth of its shares were transacted.

Pasargad Oil Company, Zangan Zinc Industries Company and Amin Reinsurance Company had the highest value increase.

Khazar Shipping Company, Gostaresh Sarmayegozari Iranian and Afranet Company saw the biggest decline.

Marun Petrochemical Company, Arfa Steel Company and Pasargad Oil Company had the most negative impact on the IFB benchmark.