TEDPIX Breaks Above Resistance Level

Tehran Stock Exchange’s main index rose 197.30 points or 0.25% to end Sunday trade at 79,073.5.

More than 1.9 billion shares valued at $94.3 million changed hands for the day.

Ardakan Industrial Ceramics Company was the biggest riser, going up 5% to 3,866 rials per share.

Gharb Cement Company incurred the biggest loss among all TSE-listed companies, as it went down 4.97% to 3,595 rials per share.

Mobile Communications of Iran gave the biggest boost to the benchmark, followed by Iran Khodro and Mobin Petrochemical Company.

Golgohar Mining and Industrial Company weighed the most on TEDPIX, followed by Credit Pension Fund Investment Company and Chadormalu Mining and Industrial Company.

The Price Index was up 69.40 points or 0.25% to stand at 27,816.8. The First Market Index added 40.00 points or 0.07% to post 56,153.7.

The Second Market Index gained 985.70 points or 0.59% to register 168,137.7.

The Industry Index won 211.10 points or 0.32% to reach 66,620.4. The Free Float Index scored 179.57 points or 0.21% to hit 86,885.50.

The TSE 30 Index gained 11.00 points or 0.34% to settle at 3,241.4 while the TSE 50 Index was up 8.20 points or 0.26% to finish at 3,128.7.

  IFX Down 0.3%

Iran Fara Bourse’s main index IFX lost 2.46 points or 0.3% to end Sunday trade at 826.54.

Close to 143.6 million securities valued at $50.5 million were traded at the over-the-counter exchange for the day.

Shahdab Nab Khorasan Company saw the highest number of traded shares, as 13.8 million of its shares changed hands.

Mavad Vizhe Lia Company recorded the highest trade value with the trading of shares worth $1.6 billion.

Tuka Refractories Production & Services Company and Marjan Kar Company registered the highest value increase.

Chaharmahal Sugar Company, Saman Insurance and Pegah Golestan Dairy Company suffered the highest decline.

Shiraz Petrochemical Company, Damavand Power Generation Company and Hormozgan Steel Company had the most positive impact on the IFB benchmark.