Economy, Business And Markets

TEDPIX Close to Breaking Above Resistance Level

 About 1.7 million shares valued at $71.6 million changed hands at TSE on July 9.
 About 1.7 million shares valued at $71.6 million changed hands at TSE on July 9.

Tehran Stock Exchange’s main index gained 103.80 points or 0.13% to end Sunday trade at 78,985.4.

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

About 1.7 million shares valued at $71.6 million changed hands for the day.

Khorasan Sugar Company was the biggest riser, going up 20.32% to 1,563 rials per share.

Mahram Company incurred the biggest loss among all TSE-listed companies, as it went down 4.98% to 30,155 rials per share.

Iran Mobile communications Company gave the biggest boost to the benchmark, followed by Khuzestan Steel Company and Pars Khodro.

Khorasan Steel Company weighed the most on TEDPIX, followed by Iranian Investment Petrochemicals Group and Parsian Oil and Gas Development Company.

The Price Index added 34.80 points or 0.13% to close at 26,499.4.

The First Market Index gained 28.90 points or 0.05% to post 54,409.9.

The Second Market Index scored 475.10 points or 0.27% to reach 177,358.1.

The Industry Index was up 99.00 points or 0.15% to register 68,053.8.

The Free Float Index gained 201.70 points or 0.23% to hit 86,140.

The TSE 30 gathered 8.30 points or 0.27% to settle at 3,059.1 while the TSE 50 Index won 4.90 points or 0.16% to finish at 3,064.2.

 IFX Up 0.42%

Iran Fara Bourse’s main index IFX gained 3.78 points or 0.42% to end Sunday trade at 900.62.

Close to 272.4 million securities valued at $81.3 million were traded at the over-the-counter exchange for the day.

Isfahan Steel Company witnessed the higher number of traded shares, as 28.3 million of its stocks were exchanged.

Rail Seir Kosar posted the highest trade value, with the trading of shares worth $1.5 million.

Shahed Development and Construction Company, Tabarok and Pegah Fars Dairy Company registered the highest value increase.

Melal Credit Institution, Bahman Leasing Company and Mavad Vizhe Lia suffered the biggest decline.

Marun Petrochemical Company, Pasargad Oil Refining Company and Zagros Petrochemical Company had the most negative impact on the IFB benchmark.

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