Economy, Business And Markets

TEDPIX Inching Closer to 80,000 Resistance Level

About 876 million shares valued at $80.0 million changed hands at TSE on July 11.
About 876 million shares valued at $80.0 million changed hands at TSE on July 11.

Tehran Stock Exchange’s main index gained 113.40 points or 0.14% to end Tuesday trade at 79,490.4.

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

About 876 million shares valued at $80.0 million changed hands for the day.

Glucosan Company was the biggest riser, going up 13.31% to 19,024 rials per share.

Damavand Mining incurred the biggest loss among all TSE-listed companies, as it went down 4.88% to 15,279 rials per share.

Golgohar Mining and Industrial Company gave the biggest boost to the benchmark, followed by Iran Mobile Communications Company and Tosee Melli Group Investment Company.

Mines and Metals Development Investment Company weighed the most on TEDPIX, followed by Pars Khodro and Iran Khodro.

The Price Index added 37.80 points or 0.14% to close at 26,494.0.

The First Market Index gained 89.20 points or 0.16% to post 54,879.5.

The Second Market Index was up 192.00 points or 0.11% to reach 177,804.0.

The Industry Index scored 85.20 points or 0.12% to register 68,518.0.

The Free Float Index won 113.76 points or 0.13% to hit 86,887.40.

The TSE 30 added 5.70 points or 0.18% to settle at 3,096.1 while the TSE 50 Index rose by 4.30 points or 0.14% to finish at 3,085.6.

 IFX Up 0.43%

Iran Fara Bourse’s main index IFX gained 3.87 points or 0.43% to end Tuesday trade at 905.39.

Close to 360.28 million securities valued at $37.1 million were traded at the over-the-counter exchange for the day.

Isfahan Steel Company witnessed the higher number of traded shares, as 149.621 million of its stocks were exchanged.

Arfa Steel Company posted the highest trade value, with the trading of shares worth $11.2 million.

Zarin Madan Asia Mining Company, Ballast and Tabarok registered the highest value increase.

Mavad Vizhe Lia, Afranet and Kosar Insurance suffered the biggest decline.

Marun Petrochemical Company, Middle East Mines and Mining Industries Development Holding Company and Pasargad Oil Refining Company had the most positive impact on the IFB benchmark.

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