Economy, Business And Markets

Tehran Stock Exchange Index Hits 9-Month High

TEDPIX Hits 9-Month HighTEDPIX Hits 9-Month High

Tehran Stock Exchange’s main index gained 511.10 points or 0.63% to end Wednesday trade at a nine-month high of 81,341.6.

More than 1.2 billion shares valued at $93.2 million changed hands for the day.

Siman Shomal Company was the biggest riser, going up 6.43% to 2,019 rials per share.

Pira Sugar Company incurred the biggest loss among all TSE-listed companies, as it went down 4.74% to 5,323 rials per share.

Golgohar Mining and Industrial Company gave the biggest boost to the benchmark, followed by Chadormalu Mining and Industrial Complex and Iranian Investment Group.

Parsian Oil and Gas Development Company weighed the most on TEDPIX, followed by Fajr Petrochemical Company and Esfahan Oil Refining Company.

The Price Index was up 180.20 points or 0.63% to stand at 28,677.8.

The First Market Index gained 481.60 points or 0.84% to post 58,004.8.

The Second Market Index won 410.40 points or 0.24% to reach 171,603.4.

The Industry Index scored 486.10 points or 0.71% to register 68,634.9.

The Free Float Index gathered 572.88 points or 0.64% to hit 90,310.20.

The TSE 30 Index added 26.20 points or 0.79% to settle at 3,340.3 while the TSE 50 Index was up 22.10 points or 0.70% to finish at 3,201.2.

> IFX Ends at 2-Year High

Iran Fara Bourse’s main index IFX gained 10.49 points or 1.23% to end Wednesday trade at a two-year high of 862.69.

Some 271 million securities valued at $27.8 million were traded at the over-the-counter exchange for the day.

Kosar Finance and Credit Institution saw the highest number of traded shares and trade value, as more than 24.7 million of its shares changed hands.

Zagros Petrochemical Company had the highest trade value, as $1.8 million worth of its shares were traded.

Zagros Petrochemical Company, Kimiya Zanjan Gostaran Company and Tolid Darou Pharmaceutical Company had the highest value increase.

Tehran Housing Investment Company, Shahed Construction and Development Company, and Kosar Insurance suffered the highest decline.

Marun Petrochemical Company, Zagros Petrochemical Company, and Arfa Steel Company had the most positive impact on the IFB benchmark


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