Economy, Business And Markets

TEDPIX Trips 0.46%

More than 486 million shares valued at $49.9 million changed hands at TSE.More than 486 million shares valued at $49.9 million changed hands at TSE.

Tehran Stock Exchange’s main index shed 350.50 points or 0.46% to end Saturday trade at 76,104.9.

More than 486 million shares valued at $49.9 million changed hands for the day.

Parsian Oil and Gas Development Company incurred the biggest loss among all TSE-listed companies, as it went down 7.01% to 2,004 rials per share.

Pars Shahab Company was the biggest riser, going up 4.99% to 5,492 rials per share.

Parsian weighed the most on TEDPIX, followed by Tamin Petroleum and Petrochemical Investment Company and Ghadir Investment Company.

Bahman Group gave the biggest boost to the benchmark, followed by Khorasan Steel Complex Company and Golgohar Mining and Industrial Company.

The Price Index fell by 124.90 points or 0.46% to reach 27,106.3.

The First Market Index lost 286.10 points or 0.53% to rest at 53,352.3.

The Second Market Index gave up 526.00 points or 0.32% to register 165,866.

The Industry Index was down 316.40 points or 0.50% to hit 63,195.0.

The Free Float Index withdrew by 394.68 points or 0.46% to post 84,518.80.

The TSE 30 Index lost 21.40 points or 0.69% to settle at 3,088.8 while the TSE 50 Index went down by 15.90 points or 0.52% to finish at 3,019.8.

 IFX Up 0.38%

The over-the-counter Iran Fara Bourse’s main index IFX gained 1.04 points or 0.13% to end Saturday trade at 801.01.

More than 179 million securities valued at $24.8 million were traded for the day.

Tuka Rail Company saw the highest number of traded shares and trade value, as more than 22.688 million of its shares worth $1.46 million changed hands.

Chaharmahal Food Products and Sugar Company, Shirvan Sugar Company and System Group had the highest value increase.

Mihan Insurance Company, Pasargad Oil Company and Khazar Sea Shipping Lines had the highest decline.

Hormozgan Steel Company, Esfahan Steel Company and Zagros Petrochemical Company gave the biggest boost to the IFB benchmark.