Economy, Business And Markets

TEDPIX Ends Wed. Higher

More than 629 million shares valued at $45.3 million changed hands at TSE.More than 629 million shares valued at $45.3 million changed hands at TSE.

Tehran Stock Exchange’s main index gained 178.30 points or 0.23% to end Wednesday trade at 76,450.9.

More than 629 million shares valued at $45.3 million changed hands for the day.

Ardakan Industrial Tiles Company was the biggest riser, going up 5% to 1,740 rials per share.

Piazar Agricultural Company incurred the biggest loss among all TSE-listed companies, as it went down 4.73% to 3,061 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark, followed by Jam Petrochemical Company and Mines and Metals Development Company.

Parsian Oil and Gas Development Company weighed the most on TEDPIX, followed by Machine Sazi Arak Company and Bank Pasargad.

The Price Index inched up by 63.50 points or 0.23% to reach 27,199.4.

The First Market Index gained 45.90 points or 0.09% to register 53,395.1.

The Second Market Index added 854.40 points or 0.51% to post 167,794.4.

The Industry Index won 151.80 points or 0.24% to close at 63,495.4.

The Free Float Index was up 187.31 points or 0.22% to hit 84,904.70.

The TSE 30 Index gathered 3.40 points or 0.11% to settle at 3,089.5 while the TSE 50 Index advanced by 2.20 points or 0.07% to finish at 3,022.2.

 IFB Adds 5 Points

The over-the-counter Iran Fara Bourse’s main index IFX gained 5.02 points or 0.62% to end Wednesday trade at 815.96.

More than 862 million securities valued at $56.5 million were traded for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value, as more than 60.6 million of its shares worth $4.6 million changed hands.

Zangan Zinc Industries Company, Gostaresh Sarmayehgozari Iranian Investment Company and Zarin Madan Asia Company had the highest value increase.

Arfa Steel Company, Kharazmi Information Technology Company and Pasargad Insurance suffered the highest decline.

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