Economy, Business And Markets
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TEDPIX Ends Week Flat

TEDPIX Ends Week FlatTEDPIX Ends Week Flat, TEDPIX Ends Week Flat

Tehran Stock Exchange’s benchmark index lost 5 points or less than 0.01% during the trading week that ended September 21 to close at 76,451.

TSE trading week begins on Saturday and ends on Wednesday.

Over 2.9 billion shares valued at $274.1 million were traded in 189,000 transactions during the week. The number of traded shares and weekly trade value grew by 41% and 122% respectively compared to the previous week.

The First Market Index lost 243 points or 0.5% to end at 53,395, and the Second Market Index advanced by 1,402 points or 0.8% to close at 167,794.

More than 3 million Musharakah bonds changed hands valued at $92.2 million during the week, skyrocketing by 5,175% and 5,113% in number and value respectively over the preceding week.

IFX, the over-the-counter Iran Fara Bourse’s main index added 16 points or 2% during the same week to end at 816.

More than 3.1 billion securities valued at $235.1 million were traded in 99,000 transactions at IFB. The number of traded shares and weekly trade value surged 281% and 79% respectively compared to the previous week.

IFB’s market cap gained $1.1 billion or 4.5% to reach $27.8 billion.

IFB’s First Market witnessed the trading of 772 million securities valued at $43 million, indicating 225% and 234% growth in the number of traded securities and trade value respectively.

Some 665 million securities valued at $42.4 million were traded in the Second Market, indicating a 143% and 48% rise respectively.

The ‘base metals’ group of IFB-listed industries had the highest weekly rise in share value (26%), ‘transportation, storage and communications’ (11%) and ‘oil products, coke and nuclear fuel’ (7%) came next.

Financialtribune.com