TSE Benchmark Dips Lower

Tehran Stock Exchange’s main index lost 360 points or 0.42% to end Saturday trade at 85,069.5.

About 618 million shares valued at $47.92 million changed hands for the day.

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

Sepanta Communication Development Company was the biggest riser, going up 5% to 14,835 rials per share.

Pumpiran Company incurred the biggest loss among all TSE-listed companies, as it went down 4.96% to 2,739 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark, followed by Mobile Telecommunications Company of Iran and Telecommunications Company of Iran.

Tamin Petroleum and Petrochemical Investment Company weighed the most on TEDPIX, followed by Tehran Oil Refining Company and Iran Khodro Group.

The Price Index lost 116.4 points or 0.42% to close at 27,486.6.

The First Market Index declined by 263.5 points or 0.45% to post 58,855.5.

The Second Market Index decreased 725.5 points or 0.38% to register 189,439.5. The Industry Index fell 315.3 points or 0.42% to reach 74,089.3.

The Free Float Index inched down by 610.71 points or 0.66% to close at 92,047.80. The TSE 30 was down 17.30 points or 0.5% to settle at 3,465.1 while the TSE 50 went down 16.2 points or 0.48% to finish at 3,373.4.

 IFX Loses 13.81 Points

Iran Fara Bourse’s main index IFX went down 13.81 points or 1.45% to close Saturday trade at 937.3.

Close to 395.85 million securities valued at $ 62.729 million were traded at the over-the-counter exchange for the day.

Kerman Khodro Group witnessed the highest number of traded shares, as 182.316 million of its shares changed hands. It had also the highest trade value, with the trading of shares worth $4.610 million.

Rishmac Productive and Exports Company, Hotel Parsian Kowsar and Afranet Company had the highest value increase.

MobinOne Kish Company, Atieh Dadeh Pardaz Company and Shiraz Oil Refining Company suffered the biggest decline.

Middle East Mines Industries Development Holding Company, Esfahan Steel Company and Marun Petrochemical Company had the most negative impact on the IFB benchmark.