Economy, Business And Markets

TEDPIX Breaks Below Another Support Level

Over 514 million shares valued at $27.3 million changed hands at TSE on February 4.
Over 514 million shares valued at $27.3 million changed hands at TSE on February 4.

Tehran Stock Exchange’s main index lost 589.10 points or 0.76% to end Saturday trade at 76,825.8. This is the lowest landing of the benchmark in about four months and a half.

More than 514 million shares valued at $27.3 million changed hands for the day.

Pars Refractories Company incurred the biggest loss among all TSE-listed companies, as it went down 4.99% to 5,449 rials per share.

Iran Fiber Company was the biggest riser, going up 4.95% to 7,743 rials per share.

National Iranian Copper Industries Company weighed the most on TEDPIX, followed by Mobarakeh Steel Company and Mobin Petrochemical Company.

Tejarat Bank gave the biggest boost to the benchmark, followed by Abidi Pharmaceutical Company and Pakshoo Industrial Group.

The Price Index plummeted by 206.20 points or 0.76% to stand at 26,884.5.

The First Market Index lost 480.80 points or 0.88% to post 54,291.7.

The Second Market Index shed 902.20 points or 0.54% to reach 164,842.8.

The Industry Index gave up 584.40 points or 0.88% to register 65,734.2.

The Free Float Index wiped 818.41 points or 0.96% to rest at 84,017.40.

The TSE 30 Index nosedived by 31.10 points or 1% to settle at 3,085.5 while the TSE 50 Index dropped by 24.70 points or 0.81% to finish at 3,017.5.

   IFX Down 1.19%

The over-the-counter Iran Fara Bourse’s main index, IFX, shed 10.11 points or 1.19% to end Saturday trade at 839.47.

Close to 242 million securities valued at $40.2 million were traded at the over-the-counter exchange for the day.

Bank Hekmat Iranian saw the highest number of traded shares, as 21.1 million of its shares changed hands.

Pegah Golpayegan Dairy Company had the highest trade value, with the trading od shares worth $4.32 million.

Pegah Golpayegan Dairy Company, Shiraz Oil Refining Company and KBC Company showed the highest value increase.

Tuka Paint Company, Atieh Dadeh Pardaz Company and Tuka Refractories Company suffered the biggest decline.

Add new comment

Read our comment policy before posting your viewpoints