Economy, Business And Markets

TEDPIX Tumbles

TEDPIX TumblesTEDPIX Tumbles

Tehran Stock Exchange’s main index lost 199.70 points or 0.26% to end Tuesday trade at 76,444.2.

More than 562 million shares valued at $31.7 million changed hands for the day.

Behbahan Cement Company incurred the biggest loss among all TSE-listed companies, as it went down 4.99% to 12,090 rials per share.

Esfahan Sugar Company was the biggest riser, going up 5% to 6,238 rials per share.

Iran Mobile Telecommunications Company weighed the most on TEDPIX, followed by Golgohar Mining and Industrial Company and Bandar Abbas Oil Refining Company.

Housing Investment Company gave the biggest boost to the benchmark, followed by Daroupakhsh Company and International Construction Development Company.

The Price Index shed 71.10 points or 0.26% to reach 27,227.2.

The First Market Index lost 153.30 points or 0.28% to register 53,637.5.

The Second Market Index dropped by 356.40 points or 0.21% to post 166,326.6.

The Industry Index was down by 183.50 points or 0.29% to close at 63,480.9.

The Free Float Index plunged by 205.50 points or 0.24% to hit 84,993.50.

The TSE 30 Index slipped by 12.30 points or 0.39% to settle at 3,111.2 while the TSE 50 Index gave up 11.10 points or 0.36% to finish at 3,035.

 IFX Gives Up 10.21 Points

The over-the-counter Iran Fara Bourse’s main index IFX shed 10.21 points or 1.26% to end Tuesday trade at 796.93.

More than 232 million securities valued at $29.3 million were traded for the day.

Baghmisheh Urban Development and Construction Company saw the highest number of traded shares and trade value, as more than 41.7 million of its shares worth $2.3 million changed hands.

Shirvan Sugar Company, Tadbirgaran Fars and Khuzestan Company and Zangan Zinc Company showed the highest value increase.

Tuka Paint Company, Shiraz Oil Refining Company and Hormozgan Steel Company saw the highest decline.

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