Economy, Business And Markets

TEDPIX Ends Week Near 78,000 Support Level

More than 894 million shares valued at $40.2 million changed hands at TSE.More than 894 million shares valued at $40.2 million changed hands at TSE.

Tehran Stock Exchange’s main index shed 200.10 points or 0.26% to end Wednesday trade at 78,049.

More than 894 million shares valued at $40.2 million changed hands for the day.

Qazvin Sugar Company incurred the biggest loss among all TSE-listed companies, as it went down 4.62% to 2,498 rials per share.

Shahid Bahonar Copper Industries Company was the biggest riser, going up 9.54% to 2,021 rials per share.

Parsian Oil and Gas Development Company weighed the most on TEDPIX, followed by Mines and Metals Development Company, and Mobarakeh Steel Company.

Omid Investment Group gave the biggest boost to the benchmark, followed by Rayan SAIPA Leasing Company, and Iran Tractor Manufacturing Company. 

The Price Index was down 70.10 points or 0.26% to stand at 27,313.9. The First Market Index lost 199.90 points or 0.36% to 55,254.9.

The Second Market Index shed 100.70 points or 0.06% to 166,913.3. The Industry Index gave up 192.90 points or 0.29% to 66,482.7.

The Free Float Index tumbled by 228.87 points or 0.27% to 85,424.90. The TSE 30 Index was down 15.40 points or 0.49% to 3,150.4 and the TSE 50 Index lost by 10.60 points or 0.34% to 3,070.3.

  IFX Loses 0.15 points

Iran Fara Bourse’s main index IFX shed 0.15 points or 0.02% to end Wednesday trade at 837.34.

Close to 209 million securities valued at $35.6 million were traded at the over-the-counter exchange for the day.

Goharan Omid Investment Company saw the highest number of traded shares as 17 million of its shares changed hands.

Pakdis Company had the highest trade value as $766,000 worth of its shares were traded.

Minoo Shargh Food Industries Company, Pegah Golpayegan Dairy Company; and Tuka Paint Company had the highest value increase.

Iranian Investment Incorporation, Zarin Madan Asia Company, and Sobhan Pharmaceutical Company had the highest decline.

Hormozgan Steel Company, Shiraz Oil Refining Company; and Khorasan Petrochemical Company had the most negative impact on the IFB benchmark.

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