Economy, Business And Markets

TEDPIX Sheds 83 Points

TEDPIX Sheds 83 PointsAbout 479 million shares valued at $29.9 million changed hands at TSE on June 24.TEDPIX Sheds 83 PointsAbout 479 million shares valued at $29.9 million changed hands at TSE on June 24.

Tehran Stock Exchange’s main index lost 83.50 points or 0.11% to end Saturday trade at 78,652.7.

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

About 479 million shares valued at $29.9 million changed hands for the day.

Margarine Company incurred the biggest loss among all TSE-listed companies, as it went down 3.69% to 3,318 rials per share.

Iranian Zinc Mines Development Company was the biggest riser, going up 12.45% to 2,132 rials per share.

Bank Mellat weighed the most on TEDPIX, followed by Bandar Abbas Oil Refinery and MAPNA Group.

Iranian Zinc Mines Development Company gave the biggest boost to the benchmark, followed by Iran Khodro Group and Informatics Services Corporation.

The Price Index shed 28.10 points or 0.11% to close at 26,499.5.The First Market Index lost 76.40 points or 0.14% to post 54,160.8.

The Second Market Index gave up 79.60 points or 0.05% to reach 176,728.4.

The Industry Index was down 35.70 points or 0.05% to register 67,646.1.

The Free Float Index dropped 17.38 points or 0.02% to close at 85,608.60. The TSE 30 lost 7 points or 0.23% to settle at 3,042.3 while the TSE 50 Index shed 5.40 points or 0.18% to finish at 3,057.

 IFX Down 0.57%

Iran Fara Bourse’s main index IFX lost 5.12 points or 0.57% to end Saturday trade at 898.42.

Close to 1.11 billion securities valued at $51.09 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 23.81 million of its shares changed hands.

Mavad Vizhe Lia recorded the highest trade value, with the trading of shares worth $1.49 million.

Iran Cultural Heritage and Tourism Investment Group, Marjan Kar and Kimia Zanjan Gostaran Industrial and Mining Company registered the highest value increase.

Saman Insurance, Pardis Housing Investment and Tadbirgaran Fars and Khuzestan Investment Company suffered the biggest decline.

Marun Petrochemical Company, Hormozgan Steel Company and Zagros Petrochemical Company had the most negative impact on the IFB benchmark.

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