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Tea is cultivated in Iran’s northern provinces of Gilan and Mazandaran.
Tea is cultivated in Iran’s northern provinces of Gilan and Mazandaran.

TEDPIX Jumps Above Resistance Level

TEDPIX Jumps Above Resistance Level

Tehran Stock Exchange’s main index gained 391.60 points or 0.5% to end Monday trade at 79,377.

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

About 585 million shares valued at $42.22 million changed hands for the day.

Plascokar Company was the biggest riser, going up 5.73% to 1,015 rials per share.

Rouzdarou Pharmaceutical Company incurred the biggest loss among all TSE-listed companies, as it went down 13.6% to 2,268 rials per share.

Mobarakeh Steel Company gave the biggest boost to the benchmark, followed by Golgohar Mining and Industrial Company and National Iranian Copper Industries Company.

Tamin Petroleum & Petrochemical Investment Company weighed the most on TEDPIX, followed by Pardis Petrochemical Company and Khorasan Steel Company.

The Price Index added 131.10 points or 0.50% to close at 26,583.7. The First Market Index gained 380.40 points or 0.70% to post 54,790.3.

The Second Market Index scored 254.50 points or 0.14% to reach 177,612.5. The Industry Index was up 379 points or 0.56% to register 68,432.8.

The Free Float Index gained 633.56 or 0.74% to hit 86,773.60.

The TSE 30 gathered 31.30 points or 1.02% to settle at 3,090.4 while the TSE 50 Index won 17.10 points or 0.56% to finish at 3,081.3.

 IFX Up 0.11%

Iran Fara Bourse’s main index IFX gained 1.01 points or 0.11% to end Monday trade at 901.52.

Close to 292 million securities valued at $65.61 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the higher number of traded shares and trade value, as 90.62 million of its stocks valued at $1.74 million were exchanged.

Tabarok, Alborz Bulk Pharmaceutical Company and Taliseh Nemooneh Company registered the highest value increase.

Kosar Insurance, Pasargad Oil Company and Pardis Housing Investment suffered the biggest decline.

Middle East Mines and Mining Industries Development Holding Company, Esfahan Steel Company and Zagros Petrochemical Company had the most positive impact on the IFB benchmark.

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