Economy, Business And Markets

TSE Gauge Gains Strong on Wednesday

About 1.1 billion shares valued at $72.19 million changed hands at TSE on July 19.About 1.1 billion shares valued at $72.19 million changed hands at TSE on July 19.

Tehran Stock Exchange’s main index gained 426.83 points or 0.54% to end Wednesday trade at 80,162.50.

About 1.1 billion shares valued at $72.19 million changed hands for the day.

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

Navard Aluminum MFG. Group was the biggest riser, going up 9.6% to 1,393 rials per share.

Abadgaran Iran Tourism and Welfare Complexes incurred the biggest loss among all TSE-listed companies, as it went down 3.72% to 3,701 rials per share.

Parsian Oil and Gas Development gave the biggest boost to the benchmark, followed by Ghadir Investment and Khouzestan Steel Company.

Iran Transfo weighed the most on TEDPIX, followed by Abidi Pharmaceutical Company and Informatics Services Company.

The Price Index lost 19.30 points or 0.07% to close at 26,383.70. The First Market Index gained 294.01 points or 0.53% to post 55,579.90. The Second Market Index was up 959.52 points or 0.54% to reach 17,959.60. The Industry Index gathered 394.48 points or 0.57% to register 69,022.80.

The Free Float Index rose by 559.04 points or 0.64% to hit 88,210.40.  The TSE 30 won 18.40 points or 0.59% to settle at 3,155.70 while the TSE 50 Index gained 14.70 points or 0.47% to finish at 3,112.20.

 IFX Up 0.92%

Iran Fara Bourse’s main index IFX gained 8.40 points or 0.92% to end Wednesday trade at 920.40.

Close to 172 million securities valued at $43.6 million were traded at the over-the-counter exchange for the day.

Arfa Iron & Steel Company witnessed the highest number of traded shares and trade value, as 28.5 million of its stocks valued at $2.32 million were exchanged.

Pegah Fars Dairy Company, Parsian Rail Transportation Development and Sabzevar Cement Company registered the highest value increase.

Tuka Refractories, Tabarok Company and Kimia Zanjan Gostaran Mining Company suffered the biggest decline.

Zagros Petrochemical Company, Middle East Mines and Mining Industries Development Holding Company and MAPNA Asaluyeh Power Plant Company had the most positive impact on the IFB benchmark.

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