Economy, Business And Markets

TEDPIX, IFX End Week Higher

TEDPIX, IFX End Week Higher
TEDPIX, IFX End Week Higher

Tehran Stock Exchange’s main index TEDPIX added 443 points or 0.6% during the trading week that ended April 12 and stood at 78,132. IFX, the main index of over-the-counter market Iran Fara Bourse also gained 7 points or 1.4% to reach 896.

TSE and IFB were closed on Tuesday.

TSE witnessed the trading of 51.1 billion shares valued at $286.9 million during the week.

The number of traded shares and weekly trade value grew by 82% and 113.6% respectively.

Its First Market Index gained 333 points or 0.61% to end at 54,859 and Second Market Index advanced by 840 points or 0.5% to close at 169,631.

IFB was host to trading of 1.56 billion securities valued at $183 million, with the number of traded shares and trade value rising 149% and 217% respectively. IFB's market cap added $403.15 million or 1.4% to post $28.37 billion.

IFB's First Market witnessed the trading of 222 million securities valued at $10.42 million, indicating a 52% and 25% rise in the number of traded securities and trade value respectively.

Some 491 million securities valued at $46.34 million were traded in the Second Market, surging 368% and 266% respectively.

The ‘food and beverages, other than sugar’ group of IFB-listed industries had the highest weekly rise in share value (15%).

'Transportation, storage and communication' (11%) and 'base metals' (9%) came next.

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