TEDPIX Ends Week Lower, IFX Higher
TEDPIX Ends Week Lower, IFX Higher

TEDPIX Ends Week Lower, IFX Higher

TEDPIX Ends Week Lower, IFX Higher

Tehran Stock Exchange’s benchmark index shed 657.4 points or 0.81% during the week that ended December 14 to end at 80,683.6.
IFX, the over-the-counter Iran Fara Bourse’s main index, added 3.2 points or 0.4% to extend its two-year high and stand at 865.9.
Trading at the two exchanges begins on Saturday and ends on Wednesday.
Over 3.2 billion shares valued at $202.2 million were traded on TSE during the past week. The number of traded shares and weekly trade value dropped 36% and 45% respectively compared to the previous week.
The TSE’s First Market Index shed 417.3 points or 0.72% to end at 57,489.8.
The Second Market Index lost 1,132 points or 0.65% to close at 170,473.
At IFB, more than 1.16 billion securities valued at $275 million were traded in 78,000 transactions. The number of traded shares dropped 28% while weekly trade value grew 49% compared to the previous week.
IFB’s market cap won $599.3 million or 2.4% to reach $25.5 billion.
IFB’s First Market witnessed the trading of 217 million securities valued at $11.4 million, indicating a 49% and 57% decline in the number of traded securities and trade value respectively.
About 428 million securities valued at $37.4 million were traded in the Second Market, down 21% and 14% respectively week-on-week.
The ‘base metals’ group of IFB-listed industries registered the highest weekly rise in share value (27%). ‘Paper products’ (12%) and ‘oil products, coke and nuclear fuel’ (10%) came next.

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