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Stocks Finish Trading Week Lower at 77,183

Stocks Finish Trading Week Lower at 77,183Stocks Finish Trading Week Lower at 77,183, Stocks Finish Trading Week Lower at 77,183

Tehran Stock Exchange’s benchmark index lost 117 points or 0.2% during the trading week that ended October 5 to close at 77,183.

TSE trading week begins on Saturday and ends on Wednesday.

Over 6.3 billion shares valued at $373.4 million were traded in 445,000 transactions during the week. The number of traded shares and weekly trade value grew by 50% and 25% respectively compared to the previous week.

The First Market Index grew by 81 points or 0.02% to end at 53,917 and the Second Market Index dropped by 1,216 points or 0.7% to close at 169,332.

The ‘leather goods’ group of TSE-listed industries had the highest weekly rise in share value (11.73%). ‘Agriculture’ (9.72%) and ‘auto manufacturing’ (8.40%) came next.

IFX, the over-the-counter Iran Fara Bourse’s main index, shed 5 points or 0.6% during the same week to end at 812.

More than 1 billion securities valued at $161.4 million were traded in 222,000 transactions at IFB. The number of traded shares and weekly trade value declined by 1% and 9% respectively compared to the week before.

IFB’s market cap lost $45.5 million or 0.2% to reach $27.6 billion.

IFB’s First Market witnessed the trading of 172 million securities valued at $11.1 million, indicating a 37% and 40% setback in the number of traded securities and trade value respectively.

Some 578 million securities valued at $62.2 million were traded in the Second Market, indicating a 27% and 34% rise respectively.

The ‘electricity, gas, steam and hot water’ group of IFB-listed industries had the highest weekly rise in share value (23%). ‘Oil products, coke and nuclear fuel’ (9%) and ‘base metals’ (7%) followed.

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