TEDPIX Ends Week 0.8% Higher

Tehran Stock Exchange’s benchmark index TEDPIX gained 633 points or 0.8% during the week that ended November 30 to close at 80,018. 

IFX, the over-the-counter Iran Fara Bourse’s main index, shed 2.8 points or 0.3% to end at 830.9.

TSE trading begins on Saturday and ends on Wednesday. The markets were closed on Monday and Wednesday last week.

Over 2.2 billion shares valued at $206.8 million were traded in TSE during the last week. The number of traded shares shrank by 28% while weekly trade value grew 12% compared to the previous week.

The First Market Index rose by 303 points or 0.5% to end at 56,686.

The Second Market Index added 2,185 points or 0.1.29% to close at 170,955.

At IFB, more than 605 million securities valued at $119.7 million were traded in 54,000 transactions. 

The number of traded shares and weekly trade value shrank by 53% and 46% compared to the previous week.

IFB’s market cap lost $8 million or 0.03% to reach $26.76 billion.

IFB’s First Market witnessed the trading of 102 million securities valued at $7.3 million, indicating a 31% and 85% drop in the number of traded securities and trade value respectively.

About 164 million securities valued at $19.7 million were traded in the Second Market, indicating a 31% and 17% setback respectively.

The ‘base metals’ group of IFB-listed industries had the highest weekly rise in share value (30%). ‘Transportation, storage and communications’ (10%) and ‘investments’ (7%) came next.