Economy, Business And Markets

Stocks End First Weekday Lower

About 989 million shares valued at $33.4 million changed hands at TSE on Jan. 7.About 989 million shares valued at $33.4 million changed hands at TSE on Jan. 7.

Tehran Stock Exchange’s main index shed 163.80 points or 0.21% to end Saturday trade at 78,826.5.

About 989 million shares valued at $33.4 million changed hands for the day.

Saipa Diesel Company incurred the biggest loss among all TSE-listed companies, as it went down 20.86% to 812 rials per share.

Piazar Company was the biggest riser, going up 16.46% to 4,803 rials per share.

SAIPA weighed the most on TEDPIX, followed by Iran Khodro and Persian Gulf Petrochemical Industries Company.

Khouzestan Steel Company gave the biggest boost to the benchmark, followed by Jam Petrochemical Company and Telecommunications Company of Iran.

The Price Index was down 57.60 points or 0.21% to stand at 27,733.8.

The First Market Index shed 72.40 points or 0.13% to post 55,956.9.

The Second Market Index lost 595.70 points or 0.35% to reach 167,733.3.

The Industry Index gave up 145.70 points or 0.22% to register 66,328.7.

The Free Float Index dropped by 219.29 points or 0.25% to close at 86,492.

The TSE 30 Index lost 5.50 points or 0.17% to settle at 3,222.8 while the TSE 50 Index was down 7.70 points or 0.25% to finish at 3,117.6.

 IFX Down 0.94%

Iran Fara Bourse’s main index IFX lost 7.98 points or 0.94% to end Saturday trade at 837.17.

Close to 193 million securities valued at $50.4 million were traded at the over-the-counter exchange for the day.

Shahdab Nab Khorasan Company saw the highest number of traded shares and trade value, as more than 18 million of its shares valued at $1.1 million changed hands.

Shahdab Nab Khorasan Company, Asia Zarin Madan Company and Zagan Zinc Industries Company registered the highest value increase.

Afranet Company, Ravan Fanavar Engineering Company and Minoo Shargh Food Industries Company suffered the highest decline.

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