Economy, Business And Markets

TEDPIX Breaks Below 8,000

More than 960 million shares valued at $62.9 million changed hands at TSE on May 14.
More than 960 million shares valued at $62.9 million changed hands at TSE on May 14.

Tehran Stock Exchange’s main index lost 179.00 points or 0.22% to end Sunday trade at 79,963.0.

More than 960 million shares valued at $62.9 million changed hands for the day.

Marvdasht Sugar Company incurred the biggest loss among all TSE-listed companies, as it went down 4.92% to 4,924 rials per share.

Shirin Sugar Company was the biggest riser, going up 5% to 10,359 rials per share.

Pardis Petrochemical Company weighed the most on TEDPIX, followed by Iran Telecommunications Company and MAPNA Group.

Iran Mobile Communications Company gave the biggest boost to the benchmark, followed by Jam Petrochemical Company and Khorasan Steel Company.

The Price Index dropped 61.60 points or 0.22% to stand at 27,503.2.

The First Market Index shed 149.10 points or 0.27% to post 55,522.6.

The Second Market Index lost 254.90 points or 0.14% to reach 176,879.1.

The Industry Index was down 157.20 points or 0.23% to register 68,686.4.

The Free Float Index gave up 249.83 points or 0.27% to close at 87,285.90.

The TSE 30 Index shed 4.80 points or 0.15% to settle at 3,120.7 while the TSE 50 Index was down 4.40 points or 0.14% to finish at 3,102.0.

 IFX Down 0.61%

Iran Fara Bourse’s main index IFX lost 5.63 points or 0.61% to end Sunday trade at 916.88.

More than 176 million securities valued at $32.66 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 35.9 million of its shares changed hands.

Atieh Daded Pardaz posted the highest trade value, with the trading of shares worth $1.1 million.

Pardis Housing Investment Company, Saman Insurance and Kosar Insurance suffered the biggest decline.

Atieh Daded Pardaz, Asaluyeh Power Plant Company and Iranian Reinsurance registered the highest value increase.

Damavand Power Generation Company, Lavan Oil Refining Company and Esfahan Steel Company had the most negative influence on the IFB benchmark.

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