Economy, Business And Markets

TEDPIX Zooms Past Resistance Level

About 603 million shares valued at $50.25 million changed hands at TSE on July 25.
About 603 million shares valued at $50.25 million changed hands at TSE on July 25.

Tehran Stock Exchange’s main index gained 247.80 points or 0.31% to end Tuesday trade at a 66-day high of 81,181.7.

About 603 million shares valued at $50.25 million changed hands for the day.

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

Salemin Company was the biggest riser, going up 67.21% to 3,610 rials per share.

Agricultural Industries Services Development Corp. incurred the biggest loss among all TSE-listed companies, as it went down 4.93% to 5,248 rials per share.

National Iranian Copper Industries Company gave the biggest boost to the benchmark, followed by Gologhar Mining and Industrial Complex and Behpardakht Mellat.

Pardis Petrochemical Company weighed the most on TEDPIX, followed by Asan Pardakht Persian and Parsian Oil and Gas Development Company.

The Price Index gained 80.50 points or 0.31% to close at 26,347.5. The First Market Index was up 250.10 points or 0.44% to post 56,672.5. The Second Market Index grew by 123.50 points or 0.07% to reach 178,097.5. The Industry Index gathered 252.90 points or 0.36% to register 89,612.20. The Free Float Index rose by 394.43 points or 0.44% to hit 89,612.20. The TSE 30 won 26 points or 0.81% to settle at 3,226.3 while the TSE 50 Index scored 13.80 points or 0.44% to finish at 3,154.8.

 IFX Down 0.29%

Iran Fara Bourse’s main index IFX lost 2.68 points or 0.29% to end Tuesday trade at 920.95.

Close to 155 million securities valued at $87.31 million were traded at the over-the-counter exchange for the day.

Iran Cultural Heritage and Tourism Investment Group Company witnessed the highest number of traded shares, as 4.52 million of its stocks were traded.

MAPNA Asaluyeh Power Plant witnessed the highest trade value, with the trading of shares worth $1 million.

Caspian Pharmaceutical Company, Chaharmahal Sugar Company and MAPNA Asaluyeh Power Plant registered the highest value increase.

Marjankar Company, KBC Company and Tabas Parvadeh Coal Company suffered the biggest decline.

Zagros Petrochemical Company, Damavand Power Generation Company and Tuka Rail Company had the most negative impact on the IFB benchmark.

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