Economy, Business And Markets

TEDPIX Starts Week Lower

About 380 million shares valued at $22.22 million changed hands at TSE on June 17.
About 380 million shares valued at $22.22 million changed hands at TSE on June 17.

Tehran Stock Exchange’s main index lost 180.70 points or 0.23% to end Saturday trade at 79,285.

Saturday is the first trading day at TSE as well as in Iran Fara Bourse, as the two exchanges are closed on Thursdays and Fridays.

About 380 million shares valued at $22.22 million changed hands for the day.

Agricultural Industries Services Development Company incurred the biggest loss among all TSE-listed companies, as it went down 4.92% to 7,079 rials per share.

Salemin Company was the biggest riser, going up 5% to 2,226 rials per share.

Mobarakeh Steel Company weighed the most on TEDPIX, followed by Iran Khodro and Islamic Republic of Iran Shipping Lines Company

Tosee Melli Investment Group gave the biggest boost to the benchmark, followed by Persian Gulf Petrochemical Industries and Bandar Abbas Oil Refinery.

The Price Index lost 61 points or 0.23% to close at 26,766.6.

The First Market Index shed 144.30 points or 0.26% to post 54,723.3.

The Second Market Index gave up 292 points or 0.16% to reach 177,424.

The Industry Index was down 161 points or 0.24% to register 68,098.2.

The Free Float Index tumbled by 303.77 points or 0.35% to close at 86,313.90.

The TSE 30 lost 9.40 points or 0.31% to settle at 3,070.9 while the TSE 50 Index was down 6 points or 0.19% to finish at 3,078.6.

 IFX Inches Close to Support Level

Iran Fara Bourse’s main index IFX lost 1.79 points or 0.2% to end Saturday trade at 900.62.

Close to 1.01 billion securities valued at $45.51 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 35.17 million of its shares changed hands.

Shahed Construction and Development Company had the highest trade value, with the trading od shares worth $1.76 million.

Mah Taab Kahnooj, Kerman Development and Construction Investment and Caspian Tamin Pharmaceutical Company registered the highest value increase.

Atieh Dadeh Pardaz, Tabas Parvadeh Coal Company and Tuka Refractories suffered the biggest decline.

Shiraz Oil Refinery, Lavan Oil Refinery and MAPNA Group had the most negative impact on the IFB benchmark.

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