Economy, Business And Markets

TEDPIX Idles Tuesday Away

More than 1 billion shares valued at $85.4 million changed hands at TSE on May 23.
More than 1 billion shares valued at $85.4 million changed hands at TSE on May 23.

Tehran Stock Exchange’s main index ended Tuesday trade at 81,124.4, unchanged compared to Monday.

More than 1 billion shares valued at $85.4 million changed hands for the day.

Toos Gostar Urban Development Company was the biggest riser, going up 9.83% to 2,971 rials per share.

Kaveh Paper Industries Company incurred the biggest loss among all TSE-listed companies, as it went down 4.89% to 3,925 rials per share.

Islamic Republic of Iran Shipping Lines gave the biggest boost to the benchmark, followed by Iran Chemical Industries Investment Company and Iran Mobile Communications Company.

Persian Gulf Petrochemical Industries weighed the most on TEDPIX, followed by Bandar Abbas Oil Refining Company and Tejarat Bank.

The Price Index stayed unchanged at 27,522.8.

The First Market Index shed 34.00 points or 0.06% to post 55,991.7.

The Second Market Index scored 192.80 points or 0.11% to reach 181,545.8.

The Industry Index lost 18.3 points or 0.03% to register 69,610.6.

The Free Float Index gained 86.34 points or 0.10% to hit 88,728.70.

The TSE 30 was down 1.60 points or 0.05% to settle at 3,146.8 while the TSE 50 Index lost 2.20 points or 0.07% to finish at 3,140.8.

  IFX Down 0.3%

Iran Fara Bourse’s main index IFX lost 2.76 points or 0.3% to end Tuesday trade at 925.56.

Close to 254 million securities valued at $21.5 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 23.5 million of its shares changed hands.

Atieh Dadeh Pardaz posted the highest trade value, with the trading of shares worth $2.3 million.

Tadbirgaran Fars and Kuzestan Investment Company, Shiraz Oil Refining Company and Atieh Dadeh Pardaz suffered the biggest decline. Shahdab Nab Khorasan, Tadbirgaran Fars, Yazd Alloy Steel Industries and Zarin Madan Asia Mining Company registered the highest value increase.

Shiraz Oil Refinery, Atieh Dadeh Pardaz and MAPNA Asaluyeh Power Plant Company had the most negative impact on the IFB benchmark.

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