Economy, Business And Markets

TSE Gauge Gains 0.6%

TSE Gauge Gains 0.6%TSE Gauge Gains 0.6%

Tehran Stock Exchange’s main index gained 456.50 points or 0.6% to end Saturday trade at 76,907.4.

More than 654 million shares valued at $50.5 million changed hands for the day.

Ardakan Industrial Tiles Company was the biggest riser, going up 5% to 54,169 rials per share.

Iran Glass Wool Company incurred the biggest loss among all TSE-listed companies, as it went down 4.79% to 10,970 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark, followed by two of Iran’s largest automakers, Iran Khodro and SAIPA.

Pardis Petrochemical Company weighed the most on TEDPIX, followed by Mobin Petrochemical Company and Credit Pension Fund Investment Company.

The Price Index gained 161.60 points or 0.59% to reach 27,361.

The First Market Index advanced by 301.50 points or 0.56% to register 53,696.6.

The Second Market Index added 1,103.90 points or 0.66% to post 168,897.9.

The Industry Index won 422.80 points or 0.67% to rest at 63,918.2.

The Free Float Index scored 710.99 points or 0.84% to hit 85,615.70.

The TSE 30 Index gathered 23.10 points or 0.75% to settle at 3,112.6 while the TSE 50 Index was up 16.90 points or 0.56% to finish at 3,039.1.

> IFX up 0.88%

The over-the-counter Iran Fara Bourse’s main index IFX gained 7.16 points or 0.88% to end Saturday trade at 823.12.

More than 190 million securities valued at $42.5 million were traded for the day.

Gostaresh Sarmayehgozari Iranian Company saw the highest number of traded shares, as more than 24 million of its shares changed hands.

Esfahan Steel Company saw the highest trade value with transactions exceeding $1.7 million worth of shares.

Goldasht Nemooneh Esfahan Company, Mavad Vizhe Lia Company and Zangan Zinc Industries Company had the highest value increase.

Tuka Refractories Company, Alborz Bulk Pharmaceutical Company and Pardis Housing Investment Company had the highest decline.

Marun Petrochemical Company, Tehran Oil Refining Company and Zagros Petrochemical Company gave the biggest boost to the IFB benchmark.