TSE Closes Week at 85,429

Tehran Stock Exchange’s main index gained 74.50 points or 0.09% to end Wednesday trade at 85,429.5.

About 601 million shares valued at $37.44 million changed hands for the day.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Monday was this week’s first trading day, as Saturday and Sunday were public holidays in Iran.

Amirkabir Kashan Steel Company was the biggest riser, going up 13.14% to 6,235 rials per share.

Naghsh Jahan Sugar Company incurred the biggest loss among all TSE-listed companies, as it went down 4.97% to 7,125 rials per share.

Asan Pardakht Persian gave the biggest boost to the benchmark, followed by Mobile Telecommunications Company of Iran and Iran Khodro Group.

Tamin Petroleum and Petrochemical Investment Company weighed the most on TEDPIX, followed by Iran Aluminum Company and Golgohar Mining and Industrial Complex.

The Price Index gained 24.10 points or 0.09% to close at 27,603.

The First Market Index rose by 25.20 points or 0.04% to post 59,119. The Second Market Index added 303.90 points or 0.16% to reach 190,165.9. The Industry Index won 67.80 points or 0.09% to register 74,404.9. The Free Float Index inched up by 70.83 points or 0.08% to hit 92,658.50. The TSE 30 was up 2.30 points or 0.07% to settle at 3,482.4 while the TSE 50 scored 4.90 points or 0.14% to finish at 3,389.6.

 IFX Adds 8.82 Points

Iran Fara Bourse’s main index IFX gained 8.82 points or 0.94% to close Wednesday trade at 951.23.

Close to 193.49 million securities valued at $35.17 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares, as 22.95 million of its shares changed hands.

Rishmac Productive and Exports Company had the highest trade value, with the trading of shares worth $522,584.

Rishmac Productive and Exports Company, Zarin Madan Asia and Marun Petrochemical Company had the highest value increase.

Iranian Investment Incorporation, Pakdis Company and Hotel Parsian Kowsar suffered the biggest decline.

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