Economy, Business And Markets

TEDPIX Ends Week at 80,344

More than 927 million shares valued at $48 million changed hands at TSE on May 17.
More than 927 million shares valued at $48 million changed hands at TSE on May 17.

Tehran Stock Exchange’s main index gained 214.90 points or 0.27% to end Wednesday trade at 80,344.2.

Wednesday is the last weekday of trading in Iranian exchanges.

More than 927 million shares valued at $48 million changed hands for the day.

Omid Investment was the biggest riser, going up 33.42% to 2,475 rials per share.

Mahram Company incurred the biggest loss among all TSE-listed companies, as it went down 4.93% to 27,932 rials per share.

Bandar Abbas Oil Refining Company gave the biggest boost to the benchmark, followed by Persian Gulf Petrochemical Industries Company and Informatics Services Company.

Mobarakeh Steel Company Group weighed the most on TEDPIX, followed by Parsian Oil and Gas Development Company and Asan Pardakht Persian Company.

The Price Index gained 73.70 points or 0.27% to stand at 27,531.2.

The First Market Index added 91.30 points or 0.16% to post 55,784.1. The Second Market Index won 809.50 points or 0.46% to reach 177,908.5. The Industry Index scored 188.30 points or 0.27% to register 68,985.4.

The Free Float Index was up 159.89 points or 0.18% to hit 87,624.70. The TSE 30 gained 4.70 points or 0.15% to settle at 3,130.7 while the TSE 50 Index was up 10.10 points or 0.33% to finish at 3,117.

 IFX Ends Lower

Iran Fara Bourse’s main index IFX lost 0.53 points or 0.06% to end Wednesday trade at 915.57.

Close to 221 million securities valued at $41.65 million were traded in the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 38 million of its shares changes hands.

Atieh Dadeh Pardaz posted the highest trade value by trading shares worth $2.08 million.

Shahdab Nab Khorasan Company, Saman Insurance and Alvand Housing Investment registered the highest value increase.

Tadbirgaran Fars and Khuzestan, Sabzevar Cement and Sobhan Investment Company suffered the biggest decline.

Damavand Power Generation Company, Shiraz Oil Refinery and Pasargad Insurance had the most negative influence on the IFB benchmark.

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