TSE Gauge Ends Weekly Trade 0.2% Higher

Tehran Stock Exchange’s main index TEDPIX gained 163 points or 0.2% during the week that ended on August 16 to end at 81,741.9.

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

The main index of the smaller over-the-counter exchange Iran Fara Bourse, IFX, lost 5.3 points or 0.6% during the week to end at 918.7, TSE’s website reported.

Over 3.18 billion shares valued at $206.7 million were traded on TSE last week. The number of traded shares rose by 23% while trade value shrank by 0.2% compared to the previous week.

TSE’s First Market Index gained 1 points or 0.002% to end at 57,174.4.

The Second Market Index rose by 967 points or 0.54% to close at 178,730.2.

At IFB, more than 1.21 billion securities valued at $359.9 million were traded. The number of traded shares rose by 19% and trade value surged by 197% compared to the previous week.

IFB’s market cap lost $610.3 million or 2.2% to reach $27.44 billion.

Its First Market witnessed the trading of 106 million securities valued at $4.36 million, indicating a 21% and 12% rise in the number of traded securities and trade value respectively.

About 753 million securities valued at $281.1 million were traded in the Second Market, with the number of traded securities and trade value rising by 55% and 851% week-on-week respectively.