Economy, Business And Markets

TEDPIX Ends Saturday Trade 0.22%, IFX Notches New High

About 534 million shares valued at $29.35 million changed hands at TSE on Nov. 19.
About 534 million shares valued at $29.35 million changed hands at TSE on Nov. 19.

Tehran Stock Exchange’s main index gained 196.43 points or 0.22% to end Saturday trade at 88,202.30.

About 534 million shares valued at $29.35 million changed hands in the day.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Sunday was a public holiday and the two exchanges were closed.

Ilam Cement Company was the biggest riser, going up 4.99% to 3,011 rials per share.

Etebar Iran Investment Company incurred the biggest loss among all TSE-listed companies, as it went down 4.67% to 1,409 rials per share.

Bandar Abbas Oil Refinery gave the biggest boost to the benchmark, followed by Esfahan Oil Refinery and Mobarakeh Steel Company.

Tamin Petroluem and Gas Investment Company weighed the most on TEDPIX, followed by Ghadir Investment Company and Iran Khodro.

The Price Index added 62.61 points to close at 28,278.60.

The First Market Index was up 229.70 points to post 61,795.30.

The Second Market Index lost 58.50 points to reach 192,359.50.

The Industry Index scored 184.97 points to register 77,160.80.

The Free Float Index gained 191.58 points to hit 94,980.90.

The TSE 30 bagged 10.50 points to settle at 3,661.40 while the TSE 50 inched up 12.70 points to finish at 3,586.20.

 IFX to Maintain All-Time High

Iran Fara Bourse’s main index IFX gained 11.6 points or 1.16% to close Saturday trade at an all-time high of 1,008.60.

The benchmark index has been posting new highs since early March, when it first broke past the 900 level.

About 534 million securities valued at $29.35 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares, as 23.83 million of its shares were traded.

Rail Seir Kosar registered the highest trade value, with the trading of shares worth $1.24 million.

Saman Insurance, Shiraz Oil Refinery and Mavad Vizhe Lia registered the highest value increase.

Kosar Insurance, Alvand Housing Investment Company and Iran & Shargh Leasing Company suffered the biggest decline.

Marun Petrochemical Company, Shiraz Oil Refinery and Zagros Petrochemical Company had the most positive impact on the IFB benchmark.


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