Economy, Business And Markets

TEDPIX Drops 304 Points on Monday Trading

About 804 million shares valued at $87.51 million changed hands at TSE on Oct. 2.
About 804 million shares valued at $87.51 million changed hands at TSE on Oct. 2.

Tehran Stock Exchange’s main index shed 304.10 points or 0.35% to end Monday trade at 85,514.9.

About 804 million shares valued at $87.51 million changed hands for the day.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Monday was this week’s first trading day, as Saturday and Sunday were public holidays in Iran.

Motorsazan Company incurred the biggest loss among all TSE-listed companies, as it went down 4.82% to 7,785 rials per share.

Pars International Manufacturing Company was the biggest riser, going up 4.5% to 2,278 rials per share.

Tehran Oil Refinery weighed the most on TEDPIX, followed by SAIPA and Iran Khodro.

Mobile Telecommunications Company of Iran gave the biggest boost to the benchmark, followed by Islamic Republic of Iran Shipping Lines and Parsian Oil and Gas Development Company.

The Price Index shed 98.20 points or 0.35% to close at 27,630.6. The First Market Index dropped 299.30 points or 0.50% to post 59,206.9. The Second Market Index gave up 210.70 points or 0.11% to reach 190,205.3. The Industry Index lost 298.20 points or 0.40% to register 74,471.8. The Free Float Index slid by 480.14 points or 0.51% to close at 92,878.20. The TSE 30 went down 18.50 points or 0.53% to settle at 3,485.4 while the TSE 50 lost 13.90 points or 0.41% to finish at 3,391.4.

 IFX Down 12.68 Points

Iran Fara Bourse’s main index IFX shed 12.68 points or 1.42% to close Monday trade at 948.35.

Close to 240.5 million securities valued at $33.5 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares and trade value, as 87.06 million of its shares worth $1.98 million changed hands.

Tadbirgaran Fars and Khuzestan Investment, Rishmak Productive and Exports Company and Iranian Investment Corporation registered the highest value increase.

Hormozgan Steel Company, Saman Insurance and Behpak Industrial Group suffered the biggest decline.

Hormozgan Steel Company, Esfahan Steel Company and Marun Petrochemical Company had the most negative impact on the IFB benchmark.


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