Economy, Business And Markets

TSE Rally Continues

About 630 million shares valued at $70.9 million changed hands at TSE on Oct. 17.About 630 million shares valued at $70.9 million changed hands at TSE on Oct. 17.

Tehran Stock Exchange’s main index gained 69.30 points or 0.08% to end Tuesday trade at 85,660.

About 630 million shares valued at $70.9 million changed hands for the day.

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

Abadan Petrochemical Company was the biggest riser, going up 4.97% to 2,642 rials per share.

Luleh va Mashinsazi Iran Company incurred the biggest loss among all TSE-listed companies, as it went down 4.74% to 7,263 rials per share.

Mobarakeh Steel Company gave the biggest boost to the benchmark, followed by National Iranian Copper Industries Company and Behran Oil Company.

Pardis Petrochemical Company weighed the most on TEDPIX, followed by Bank Mellat and Iran Aluminum Company.

The Price Index gained 22.40 points or 0.08% to close at 27,677.3.

 The First Market Index went up by 80.20 points or 0.14% to post 59,360.

The Second Market Index shed 14.30 points or 0.01% to reach 190,252.7.

The Industry Index gathered 80.20 points or 0.11% to register 74,738.8.

The Free Float Index scored 58.01points or 0.06% to hit 92,732.80. The TSE 30 was up 9.20 points or 0.26% to settle at  3,522.3 while the TSE 50 gained 7.60 points or 0.22% to finish at 3,424.2.

  IFX Edges Down

Iran Fara Bourse’s main index IFX edged down 1.39 points or 0.15% to close Tuesday trade at 929.13.

Close to 272 million securities valued at $30.44 million were traded at the over-the-counter exchange for the day.

Asia Seir Aras witnessed the highest number of traded shares and trade value, as 48.38 million of its shares valued at $1.7 million changed hands.

East Azarbaijan Pegah Company, Ghasem Distribution Company and Kerman Development and Construction Investment Company had the highest value increase.

Iran & Shargh Leasing Company, Chaharmahal Sugar Company and Zayandehrood Housing Investment suffered the biggest decline.

Arfa Steel Company, Shiraz Oil Refinery and Middle East Mines and Mining Industries Development Holding Company had the most negative impact on the IFB benchmark.

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