Economy, Business And Markets
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TSE Benchmark Rises

More than 1.1 billion shares valued at $84.8 million changed hands at Tehran Stock Exchange.More than 1.1 billion shares valued at $84.8 million changed hands at Tehran Stock Exchange.

Tehran Stock Exchange’s main index gained 174.60 points or 0.23% to end Sunday trade at 77,081.5.

More than 1.1 billion shares valued at $84.8 million changed hands for the day.

Pars Electric Company was the biggest riser, going up 5% to 6,429 rials per share.

Farabi Petrochemical Company incurred the biggest loss among all TSE-listed companies, as it went down 4.95% to 5,052 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark, followed by SAIPA and Bandar Abbas Oil Refining Company.

Ilam Cement Company weighed the most on TEDPIX, followed by National Iranian Copper Industries Company and Iranian Petrochemical Investment Group.

The Price Index gained 62.10 points or 0.23% to reach 27,423.7.

The First Market Index advanced by 87.10 points or 0.16% to register 53,783.7.

The Second Market Index added 588.60 points or 0.35% to post 169,482.6.

The Industry Index won 176.70 points or 0.28% to close at 64,094.3.

The Free Float Index scored 191.18 points or 0.22% to hit 85,806.70.

The TSE 30 Index gathered 12.40 points or 0.40% to settle at 3,125 while the TSE 50 Index was up 10.30 points or 0.34% to finish at 3,049.4.

 IFX Sheds 0.6 Points

The over-the-counter Iran Fara Bourse’s main index IFX lost 0.61 points or 0.07% to end Sunday trade at 822.51.

More than 200 million securities valued at $49.9 million were traded for the day.

Rail Pardaz Seir Company saw the highest number of traded shares and trade value, as more than 24 million of its shares worth $1 million changed hands.

Mavad Vizhe Lia Company, Shahrood Mining and Industrial Company and Zangan Zinc Industries Company showed the highest value increase.

Kosar Insurance, Hormozgan Steel Company and Tuka Refractories Company had the highest decline.

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

Financialtribune.com