Stocks Get Off to Good Start

Tehran Stock Exchange’s main index gained 231.30 points or 0.30% to end Saturday trade at 77,886.4 after four days of holiday.

More than 1.2 billion shares valued at $174.2 million changed hands for the day.

Iran Tractor Manufacturing Company was the biggest riser, going up 4.98% to 3,374 rials per share.

Niroo Mohareke Company incurred the biggest loss among all TSE-listed companies, as it went down 4.91% to 2,399 rials per share.

Esfahan Oil Refining Company gave the biggest boost to the benchmark, followed by Bandar Abbas Oil Refining Company and Golgohar Mining and Industrial Company.

Pardis Petrochemical Company weighed the most on TEDPIX, followed by Ghadir Investment Company and Machine Sazi Arak Company.

The Price Index gained 82.10 points or 0.90% to reach 27,649.9.

The First Market Index scored 271.90 points or 0.50% to register 54,689.9.

The Second Market Index lost 143.80 points or 0.08% to record 169,215.2.

The Industry Index gathered 325.60 points or 0.36% to post 65,051.6.

The Free Float Index added 258.38 points or 0.30% to hit 86,847.80.

The TSE 30 Index was up 17.30 points or 0.55% to settle at 3,174.7 while the TSE 50 Index notched up 13.20 points or 0.43% to finish at 3,088.6.

 IFX Resumes Uptrend

The over-the-counter Iran Fara Bourse’s main index IFX added 2.34 points or 0.28% to end Saturday trade at 825.74.

Over 275 million securities valued at $43.8 million were traded for the day.

Tehran Oil Refining Company saw the highest number of traded shares and trade value, as 38.5 million of its shares worth $3.8 million changed hands.

Lavan Oil Refining Company, Mavad Vizhe Lia Company and Tehran Oil Refining Company had the highest value increase.

Arfa Steel Company, Atieh Dadeh Pardaz Company and Pegah Golestan Dairy Company registered the highest decline.

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