Economy, Business And Markets

TEDPIX Gains 42 Points on Tuesday Trading

About 583 million shares valued at $46.5 million changed hands at TSE on July 18.
About 583 million shares valued at $46.5 million changed hands at TSE on July 18.

Tehran Stock Exchange’s main index inched up 42.80 points or 0.05% to end Tuesday trade at 79,735.7.

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

About 583 million shares valued at $46.5 million changed hands for the day.

Damavand Mining was the biggest riser, going up 4.99% to 14,211 rials per share.

Chin Chin Agro-Industries Company incurred the biggest loss among all TSE-listed companies, as it went down 4.97% to 6,366 rials per share.

Iran Khodro gave the biggest boost to the benchmark, followed by Khuzestan Steel Company and Parsian Oil and Gas Development Company.

Persian Gulf Petrochemical Industries weighed the most on TEDPIX, followed by MAPNA Group and Iran Mobile Communications Company.

The Price Index added 14.20 points or 0.05% to close at 26,404.5. The First Market Index gained 99.50 points or 0.18% to post 55,285.9. The Second Market Index was down 301.40 points or 0.17% to reach 177,000.6. The Industry Index gathered 45.20 points or 0.07% to register 68,628.3.

The Free Float Index rose by 179.14 points or 0.20% to hit 87,651.40. The TSE 30 won 9.80 points or 0.31% to settle at 3,137.3 while the TSE 50 Index gained 2.00 points or 0.06% to finish at 3,097.5.

 IFX Inches Up

Iran Fara Bourse’s main index IFX gained 1.36 points or 0.15% to end Tuesday trade at 912.

Close to 156.24 million securities valued at $23.7 million were traded at the over-the-counter exchange for the day.

Reil Pardaz Seir witnessed the higher number of traded shares and trade value, as 18 million of its stocks valued at $969,100 were exchanged.

Arfa Iran and Steel Company, MAPNA Asaluyeh Power Plant Company and Bahman Leasing Company registered the highest value increase.

Zayandehrood Housing Investment Company, Minoo Shargh Food Industries Company and Pasargad Insurance suffered the biggest decline.

MAPNA Asaluyeh Power Plant Company, Arfa Iron and Steel Company and Pars Paper Industries Company had the most positive impact on the IFB benchmark.

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