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TEDPIX Gains 402 Points in Weekly Trading
TEDPIX Gains 402 Points in Weekly Trading

TEDPIX Gains 402 Points in Weekly Trading

TEDPIX Gains 402 Points in Weekly Trading

Tehran Stock Exchange’s main index TEDPIX gained 402 points or 0.5% during the week that ended September 6 to close at 83,675.

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 shed 5.1 points or 0.5% during the week to end at 948.4.

Over 3.23 billion shares valued at $250.3 million were traded on TSE last week. The number of traded shares and trade value dropped by 29% and 26.4% respectively.

TSE’s First Market Index shed 98 points or 0.16% to end at 58,543.5.

The Second Market Index rose by 2,939 points or 1.63% to close at 182,857.

At IFB, more than 1.32 billion securities valued at $201.3 million were traded. The number of traded shares and trade value dropped by 23% and 30% compared to the previous week.

IFB’s market cap lost $318.6 million or 1.2% to reach $27.15 billion.

Its First Market witnessed the trading of 76 million securities valued at $4.21 million, indicating a 76% and 73% decline in the number of traded securities and trade value respectively.

About 563 million securities valued at $48.32 million were traded in the Second Market, with the number of traded securities and trade value shrinking by 29% and 27% week-on-week respectively.

Over 4 million debt securities valued at $92.72 million were also traded at IFB. The number of bonds traded and trade value also dropped by 45% and 46% respectively.

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