Economy, Business And Markets

TEDPIX Closes Sunday Trade 0.59% Lower

About 837 million shares valued at $58.59 million changed hands at TSE on Oct. 8.
About 837 million shares valued at $58.59 million changed hands at TSE on Oct. 8.

Tehran Stock Exchange’s main index lost 504.60 points or 0.59% to end Sunday trade at 84,564.9.

About 837 million shares valued at $58.59 million changed hands for the day.

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

Damavand Mining Company was the biggest riser, going up 4.84% to 14,827 rials per share.

Petrochemical Transportation Engineering Company incurred the biggest loss among all TSE-listed companies, as it went down 4.94% to 3,693 rials per share.

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

SAIPA Group weighed the most on TEDPIX, followed by Bandar Abbas Oil Refining Company and Tehran Oil Refining Company.

The Price Index lost 163.00 points or 0.59% to close at 27,323.6. The First Market Index went down by 557.00 points or 0.95% to post 58,298.5. The Second Market Index shed 34.80 points or 0.02% to reach 189,404.2. The Industry Index dropped 455.10 points or 0.61% to register 73,634.2. The Free Float Index gave up by 857.98 points or 0.93% to close at 91,189.80. The TSE 30 was down 28.00 points or 0.81% to settle at 3,437.1 while the TSE 50 lost 11.80 points or 0.35% to finish at 3,361.6.

 IFX Loses 22 Points

Iran Fara Bourse’s main index IFX went down 22 points or 2.35% to close Sunday trade at 915.61.

Close to 294.4 million securities valued at $82.654 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares, as 60.094 million of its shares changed hands.

Rishmac Productive and Exports Company had the highest trade value, with the trading of shares worth $2.121 million.

Iran & Shargh Leasing Company, Marjankar Company and Caspian Tamin Pharmaceutical Company had the highest value increase. Iran Cultural Heritage and Tourism Investment Group Company, Shomal-e-Shargh-e-Shahroud Industrial and Mining Company and Behpak Industrial Company suffered the biggest decline.

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

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