Economy, Business And Markets

TEDPIX Snaps Back Up

Over 1.25 billion shares valued at $110m changed hands at TSE.Over 1.25 billion shares valued at $110m changed hands at TSE.

Tehran Stock Exchange’s main index gained 494.80 points or 0.63% to end Monday trade at 79,632.3.

More than 1.25 billion shares valued at $110 million changed hands for the day.

Iran Faravari Mining Company was the biggest riser, going up 5% to 7,041 rials per share.

Naghshe Jahan Sugar Company incurred the biggest loss among all TSE-listed companies, as it went down 3.84% to 8,924 rials per share.

National Iranian Copper Industries Company gave the biggest boost to the benchmark, followed by Mobarakeh Steel Company and Omid Investment Group.

Persian Gulf Petrochemical Company weighed the most on TEDPIX, followed by Islamic Republic of Iran Shipping Lines and National Development Investment Group.

The Price Index scored 174.70 points or 0.63% to stand at 28,118.3.  The First Market Index jumped 519.60 points or 0.93% to post 56,191.2.

The Second Market Index soared by 90.30 points or 0.05% to reach 171,395.3.

The Industry Index won 451.10 points or 0.68% to register 66,692.6.

The Free Float Index added 743.10 points or 0.84% to hit 88,809.40.

The TSE 30 Index was up 33.60 points or 1.05% to finish at 3,246.0 while the TSE 50 Index rose by 20.70 points or 0.66% to close at 3,135.1.

  IFX Down 0.22%

Iran Fara Bourse’s main index IFX lost 1.82 points or 0.22% to end Monday trade at 835.09.

Over 162.8 million securities valued at $107.6 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 12.2 million of its shares changed hands.

Atieh Dadeh Pardaz Company saw the highest trade value, as $1.7 million worth of its shares were traded.

Saman Insurance, Tuka Paint Foolad Sepahan and Parvardeh Tabas Coal Processing Company registered the highest value increase.

Amin Reinsurance Company, Chaharmahal Sugar Company and Marun Petrochemical Company had the highest decline.

This is while Marun Petrochemical Company, Middle East Mines and Mining Industries Development Holding Company and Esfahan Steel Company had the most negative impact on the IFB benchmark.


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