Economy, Business And Markets

TEDPIX Ends Trade Higher

About 1.26 billion shares valued at $64.16 million changed hands at TSE on Jan. 23.
About 1.26 billion shares valued at $64.16 million changed hands at TSE on Jan. 23.

Tehran Stock Exchange’s main index gained 596.40 points or 0.6% to end Tuesday trade at 99,224.8.

According to TSE data, about 1.26 billion shares valued at $64.16 million changed hands at the market for the day.

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

Hegmatan Sugar Company was the biggest riser, going up 8.02% to 4,392 rials per share.

Farabi Petrochemical Company incurred the biggest loss among all TSE-listed companies, as it went down 17.16% to 3,881 rials per share.

Parsian Oil and Gas Development Group gave the biggest boost to the benchmark index, followed by Ghadir Investment Company and Golgohar Mining and Industrial Complex.

Mellat Bank was the biggest laggard behind the benchmark’s fall, followed by Tamin Petroleum and Petrochemical Investment Company and Behshahr Industrial Company.

The Price Index gained 190.56 points to close at 31,701.5. The First Market Index was up 578.32 points to post 70,701.9.  The Second Market Index gathered 456.81 points to reach 210,141.8.

The Industry Index added 615.70 points to register 87,948.2. The Free Float Index gained 664.87 points to hit 106,737.91.

The TSE 30 was up 35.21 points to settle at 4,370.3 and the TSE 50 went up 20.01 points to finish at 4,132.2.

 IFX Up 0.24%

Iran Fara Bourse’s main index IFX inched up 2.64 points or 0.24% to close Tuesday trade at 1,087.54.

About 342.02 million securities valued at $33.81 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares, as 20.883 million of its shares were traded.

Zagros Petrochemical Company had the highest trade value, with the trading of shares worth $1.14 million.

Shahr-e-Kord Zagros Meat & Dairy Company, Balast Company and Rishmac Productive and Exports Company registered the highest value increase.

Zangan Zinc Industry Company, East Azarbaijan Pegah Company and Behpak Industrial Company suffered the biggest decline.

Persian Gulf Mining Industries Holding Company, Shiraz Oil Refining Company and Hormozgan Steel Company had the most positive impact on IFX.

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