Economy, Business And Markets

TEDPIX Gets Past Resistance Level

TEDPIX Gets Past Resistance LevelTEDPIX Gets Past Resistance Level

Tehran Stock Exchange’s main index gained 537.70 points or 0.68% to end Wednesday trade at 79,299.6.

TEDPIX's previous resistance level stood at 79,000.

More than 1.08 billion shares valued at $79.2 million changed hands for the day.

Khazar Cement Company was the biggest riser, going up 5% to 2,753 rials per share.

Qazvin Sugar Factories Company incurred the biggest loss among all TSE-listed companies, as it went down 4.68% to 5,277 rials per share.

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

Iran Transfo Company weighed the most on TEDPIX, followed by Telecommunications Company of Iran and Civil Pension Fund Investment Company.

The Price Index was up 189.90 points or 0.68% to stand at 28,000.8.    

The First Market Index surged 525.40 points or 0.95% to reach 55,645.2.

The Second Market Index soared by 292.50 points or 0.17% to post 172,497.5.

The Industry Index gained 451.50 points or 0.68% to record 66,377.2.

The Free Float Index scored 625.17 points or 0.74% to hit 88,368.20.

The TSE 30 Index increased by 24.70 points or 0.77% to settle at 3,226.7 while the TSE 50 Index added 21.30 points or 0.69% to finish at 3,124.7.

> IFX up 0.12%

Iran Fara Bourse’s main index IFX gained 0.98 points or 0.12% to end Wednesday trade at 828.65.

Over 314.11 million securities valued at $39.8 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value, as 60.15 million of its shares valued at $4.9 million changed hands.

Esfahan Steel Company, Zagros Petrochemical Company and Lavan Oil Refining Company registered the highest value increase.

Middle East Mines and Mineral Industries Development Holding Company, Damavand Power Generation Management Company and Arfa Iron and Steel Company had the highest decline.

Esfahan Steel Company, Zagros Petrochemical Company and Lavan Oil Refining Company had the most positive impact on the IFB benchmark.

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