Economy, Business And Markets

TEDPIX Ends Wed. Higher

TEDPIX Ends Wed. HigherTEDPIX Ends Wed. Higher

Tehran Stock Exchange’s main index gained 157.20 points or 0.20% to end Wednesday trade at 77,300.3.

More than 1.06 million shares valued at $59.9 million changed hands for the day.

Iran Credit Investment Company was the biggest riser, going up 18.08% to 1,672 rials per share.

Iran China Company incurred the biggest loss among all TSE-listed companies, as it went down 4.30% to 2,912 rials per share.

SAIPA Group gave the biggest boost to the benchmark, followed by Mobarakeh Steel Company and Iran Khodro.

Persian Gulf Petrochemical Industries Company weighed the most on TEDPIX, followed by Atieh Damavand Investment Company and Mobin Petrochemical Company.

The Price Index added 55.90 points or 0.20% to reach 27,501.6.

The First Market Index gained 151 points or 0.28% to register 53,836.8.

The Second Market Index inched up 103.70 points or 0.06% to record 170,548.7.

The Industry Index won 165.10 points or 0.26% to post 64,368.3.

The Free Float Index gathered 316.80 points or 0.37% to hit 85,985.20.

The TSE 30 Index was up 11.40 points or 0.37% to settle at 3,123.90 while the TSE 50 Index edged up by 6.60 points or 0.22% to finish at 3,052.9.

 IFX Up 0.89 Points

The over-the-counter Iran Fara Bourse’s main index IFX gained 0.89 points or 0.11% to end Wednesday trade at 817.07.

More than 253 million securities valued at $34 million were traded for the day.

Iran Cultural Heritage and Tourism Investment Group saw the highest number of traded shares and trade value, as more than 42.5 million of its shares worth $4.2 million changed hands.

Iran Cultural Heritage and Tourism Investment Group, Esfahan Goldasht Agricultural Company and Pegah Fars Dairy Company had the highest value increase.

Shahrood Mining and Industrial Company, Tadbirgaran Fars and Khuzestan Company and Tuka Refractories Company suffered the biggest decline.

Damavand Power Generation Company, Esfahan Steel Company and Iran Cultural Heritage and Tourism Investment Group gave the biggest boost to the IFB benchmark.