TSE Benchmark Down 0.3% in Weekly Trade

Tehran Stock Exchange’s main index TEDPIX lost 243 points or 0.3% during the week that ended on August 2 to end at 81,265.9.

The main index of the smaller over-the-counter exchange Iran Fara Bourse added 11.1 points or 1.2% during the week to stand at 931.2.

Trading at Iran’s stock markets starts on Saturday and ends on Wednesday.

Over 3.57 billion shares valued at $255.78 million were traded on TSE during last week. The number of traded shares and trade value dropped by 6% and 28.6% respectively compared to the previous week.

TSE’s First Market Index gained 86 points or 0.15% to end at 56,937.

The Second Market Index rose by 994 points or 0.56% to close at 177,157.

At IFB, more than 984 million securities valued at $185.81 million were traded. The number of traded shares and trade value dropped by 3% and 6% respectively compared to the previous week.

IFB’s market cap lost $237.7 million or 0.8% to reach $28.04 billion.

Its First Market witnessed the trading of 205 million securities valued at $8.41 million, indicating a 31% and 13% growth in the number of traded securities and trade value respectively.

About 355 million securities valued at $28.94 million were traded in the Second Market, with the number of traded securities and trade value rising by 99% and 24% week-on-week respectively.