Economy, Business And Markets

TEDPIX Sinks to 2-Month Low

TEDPIX Sinks to 2-Month LowTEDPIX Sinks to 2-Month Low

Tehran Stock Exchange’s main index lost 131.20 points or 0.17% to end Monday trade at a two-month low of 79,859.2.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. 

About 477 million shares valued at $29.15 million changed hands for the day.

Shahd Iran Company incurred the biggest loss among all TSE-listed companies, as it went down 4.87% to 2,421 rials per share.

Takceram Tile Manufacturing Company was the biggest riser, going up 5% to 1,828 rials per share.

Esfahan Oil Refinery weighed the most on TEDPIX, followed by Bandar Abbas Oil Refinery and Tejarat Bank.

Mobile Telecommunications Company of Iran gave the biggest boost to the benchmark, followed by Persian Gulf Petrochemical Industries and Telecommunications Company of Iran.

The Price Index lost 44.30 points or 0.17% to close at 26,616.9. The First Market Index shed 135.20 points or 0.25 to post 54,406.9.

The Second Market Index gave up 39.20 points or 0.02% to reach 176,598.8. The Industry Index was down 95.10 points or 0.14% to register 67,760.3.

The Free Float Index lost 152.82 points or 0.18% to close at 85,699.10.

The TSE 30 was down 5.20 points or 0.17% to settle at 3,056.8 while the TSE 50 Index shed 1.90 points or 0.06% to finish at 3,069.6.

 IFX Up 0.5%

Iran Fara Bourse’s main index IFX added 4.48 points or 0.5% to end Monday trade at 895.93.

Close to 330 million securities valued at $23.50 million were traded at the over-the-counter exchange for the day.

National Development Investment Group saw the highest number of traded shares, as 35.466 million of its shares changed hands.

Atieh Dadeh Pardaz had the highest trade value, with the trading of shares worth $3.26 million.

Kerman Development and Construction Company, Marjan Kar and Sarcheshmeh Copper Investment Company registered the highest value increase.

Kosar Insurance, Shirvan Sugar and Pardis Housing Investment suffered the biggest decline.

Zagros Petrochemical Company, Shiraz Oil Refinery and Esfahan Steel Company had the most negative impact on the IFB benchmark.

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