Economy, Business And Markets

TEDPIX Inches Closer to Resistance Level

Some 1.3 billion shares valued at $111 million changed hands at TSE on Feb. 13.Some 1.3 billion shares valued at $111 million changed hands at TSE on Feb. 13.

Tehran Stock Exchange’s main index gained 147.80 points or 0.19% to end Monday trade at 76,975.5.

Some 1.3 billion shares valued at $111 million changed hands for the day.

Mahram Company was the biggest riser, going up 5% to 28,913 rials per share.

Iran Khodro Axle Manufacturing Company incurred the biggest loss among all TSE-listed companies, as it went down 23.84% to 2,635 rials per share.

National Iranian Copper Industries Company gave the biggest boost to the benchmark, followed by Golgohar Mining and Industrial Company and Chadormalu Mining and Industrial Company.

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

The Price Index was up 51.70 points or 0.19% to stand at 26,911.6.

The First Market Index added 123.50 points or 0.23% to post 54,717.5.

The Second Market Index gained 211.80 points or 0.13% to reach 163,380.8.

The Industry Index scored 123.40 points or 0.19% to register 65,725.8.

The Free Float Index rose by 225.59 points or 0.27% to hit 84,494.50.

The TSE 30 Index won 11.50 points or 0.37% to settle at 3,115.8 while the TSE 50 Index gained 6.30 points or 0.21% to finish at 3,033.0.

  IFX Up 0.56%

Iran Fara Bourse’s main index IFX added 0.4.64 points or 0.56% to end Monday trade at 839.6.

More than 187.7 million securities valued at $137.4 million were traded at the over-the-counter exchange for the day.

Marun Petrochemical Company saw the highest number of traded shares and trade value, as 40 million of its shares worth $33.2 million changed hands.

Reil Seir Kosar Company, Marjan Kar Company and Goharan Omid Investment Company showed the highest value increase.

Saina Company, Pakdis Company and Behpak Company suffered the biggest decline.

Marun Petrochemical Company, Damavand Power Generation Company and Askarieh Credit Institution had the most positive impact on the IFB benchmark.

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