Economy, Business And Markets
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Stocks Close Lower on Sat.

More than 793 million shares valued at $43 million changed hands at TSE.More than 793 million shares valued at $43 million changed hands at TSE.

Tehran Stock Exchange’s main index shed 88.80 points or 0.11% to end Saturday trade at 80,161.2.

More than 793 million shares valued at $43 million changed hands for the day.

Abadan Petrochemical Company incurred the biggest loss among all TSE-listed companies, as it went down 5% to 2,907 rials per share.

Pegah Esfahan Dairy Company was the biggest riser, going up 5% to 4,977 rials per share.

Parsian Oil and Gas Development Company weighed the most on TEDPIX, followed by Tamin Oil, Gas and Petrochemical Investment Company and Ghadir Investment Company.

Pars Khodro gave the biggest boost to the benchmark, followed by Sobhan Pharmaceutical Company and Iran Khodro.

The Price Index was down 31.20 points or 0.11% to stand at 28,205.4.

The First Market Index lost 74.50 points or 0.13% to post 57,030.3.

The Second Market Index shed 123.30 points or 0.07% to reach 169,861.7.

The Industry Index gave up 98.90 points or 0.15% to register 67,483.

The Free Float Index withdrew by 60.77 points or 0.07% to hit 88,788.20.

The TSE 30 Index inched down 4.20 points or 0.13% to settle at 3,282.9 while the TSE 50 Index lost 4.20 points or 0.13% to finish at 3,282.9.

  IFX Down 0.46%

Iran Fara Bourse’s main index IFX lost 4 points or 0.46% to end Saturday trade at 867.79.

Close to 130 million securities valued at $32.6 million were traded at the over-the-counter exchange for the day.

Kosar Finance and Credit Institution saw the highest number of traded shares, as more than 8.2 million of its shares changed hands.

Yazd Alloy Steel Industries Company recorded the highest trade value by trading shares worth $400,600.

Saina Company, Zarin Madan Asia and Mihan Insurance had the highest value increase.

Marjankar Company, Arfa Steel Company and Tuka Refractories Company suffered the highest decline.

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