Economy, Business And Markets

TEDPIX Trundles Up

Some 4.9 billion shares valued at $471.9 million changed hands at TSE on March 15.Some 4.9 billion shares valued at $471.9 million changed hands at TSE on March 15.

Tehran Stock Exchange’s main index gained 98.90 points or 0.13% to end Wednesday trade at 76,737.9.

Some 4.9 billion shares valued at $471.9 million changed hands for the day.

Kavir Tire Company was the biggest riser, going up 7.46% to 3,313 rials per share.

Ghadir Leasing Company incurred the biggest loss among all TSE-listed companies, as it went down 4.12% to 1,116 rials per share.

Mobin Petrochemical Company gave the biggest boost to the benchmark, followed by National Investment Company of Iran and Bandar Abbas Oil Refining Company.

SAIPA weighed the most on TEDPIX, followed by Machine Sazi Arak Company and Esfahan Oil Refinery.

The Price Index was up 34.50 points or 0.13% to stand at 26,754.1.

The First Market Index gained 59.40 points or 0.11% to post 554,080.5.

The Second Market Index added 271.50 points or 0.16% to reach 165,491.5.

The Industry Index won 61.80 points or 0.09% to register 65,672.8.

The Free Float Index gathered 98.07 points or 0.12% to hit 84,065.60.

The TSE 30 Index was up 0.20 points or 0.01% to settle at 3,077.3 while the TSE 50 Index scored 3.60 points or 0.12% to finish at 3,015.8.

  IFX Up 1.5%

Iran Fara Bourse’s main index IFX jumped 4.92 points or 0.57% to end Wednesday trade at 871.38.

More than 416 million securities valued at $56.2 million were traded at the over-the-counter exchange for the day.

Rail Pardaz Seir saw the highest number of traded shares, as 12.1 million of its shares changed hands.

Atieh Dadeh Pardaz Company recorded the highest trade value, with the trading of shares worth $1.17 million.

Ballast Company, Pasargad Insurance and Iranian Investment Company registered the highest value increase.

Omran Shahed Company, Tuka Paint Company and Kosar Insurance suffered the biggest decline.

Middle East Mines and Mining Industries Development Holding Company, Hormozgan Steel Company and Damavand Power Generation Company had the most positive impact on the IFB benchmark.

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