Economy, Business And Markets

TEDPIX Gives Up 290 Points

More than 1.2 billion shares valued at $52.5 million changed hands at TSE on Dec. 20.More than 1.2 billion shares valued at $52.5 million changed hands at TSE on Dec. 20.

Tehran Stock Exchange’s main index lost 290.40 points or 0.36% to end Tuesday trade at 80,122.7.

More than 1.2 billion shares valued at $52.5 million changed hands for the day.

Sahand Rubber Company incurred the biggest loss among all TSE-listed companies, as it went down 5% to 2,546 rials per share.

Dana Insurance was the biggest riser, going up 4.78% to 3,663 rials per share.

Iran Telecommunications Company weighed the most on TEDPIX, followed by National Iranian Copper Industries Company and Iran Khodro.

Parsian Oil and Gas Development Company gave the biggest boost to the benchmark, followed by Atieh Damavand Investment Company and Zahravi Pharmaceutical Company.

The Price Index was down 102.20 points or 0.36% to stand at 28,192.

The First Market Index lost 256.90 points or 0.45% to post 56,969.9.

The Second Market Index gave up 331.80 points or 0.19% to reach 169,965.2.

The Industry Index shed 298.40 points or 0.44% to register 67,465.6.

The Free Float Index lost 371.03 points or 0.42% to settle at 88,646.70. The TSE 30 Index was down 13.80 points or 0.42% to close at 3,283.9 while the TSE 50 Index gave up 12.50 points or 0.39% to finish at 3,157.4.

  IFX Up 0.14%

Iran Fara Bourse’s main index IFX inched up 1.22 points or 0.14% to end Tuesday trade at 868.3.

Close to 191 million securities valued at $34.2 million were traded at the over-the-counter exchange for the day.

Rail Pardaz Seir Company saw the highest number of traded shares, as more than 12.9 million of its shares changed hands.

Pars Paper Industries Company recorded the highest trade value with the trading of shares worth $268,320.

Mihan Insurance, Shahed Construction and Development Company and Marjankar Company registered the highest value increase.

Pegah Fars Dairy Company, Minoo Shargh Food Industries Company and Lavan Oil Refining Company suffered the biggest decline. Marun Petrochemical Company, Hormozgan Steel Company and MAPNA Group had the most positive impact on the IFB benchmark.

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