TEDPIX Stops Short of Breaking Above 88,000

Tehran Stock Exchange’s main index gained 117.30 points or 0.13% to end Tuesday trade at 87,949.8.

About 985 million shares valued at $44.8 million changed hands on the day.

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

Gharb Cement Company was the biggest riser, going up 4.97% to 3,081 rials per share.

Iran Sarma Afarin Industrial Company incurred the biggest loss among all TSE-listed companies, as it went down 4.94% to 3,751 rials per share.

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

Jam Petrochemical Company weighed the most on TEDPIX, followed by Tamin Petroleum and Gas Investment Company and Bank Mellat.

The Price Index added 37.60 points to close at 28,223.9.

The First Market Index was up 93.60 points to post 61,469.4.

The Second Market Index gained 196 points to reach 192,597.

The Industry Index won 121.50 points to register 76,927.2.

The Free Float Index rose by 130.68 points to hit 94,685.90.

The TSE 30 bagged 6.50 points to settle at 3,643.4 while the TSE 50 inched up 7.90 points to end at 3,570.5.

 IFX Inches Up

Iran Fara Bourse’s main index IFX gained 1.61 points or 0.16% to close Tuesday trade at 989.38.

About 217.3 million securities valued at $37.46 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares, as 15.57 million of its shares were traded.

Tabas Parvadeh Coal Company registered the highest trade value, with the trading of shares worth $1.56 million.

Pasargad Oil Company, Tabas Parvadeh Coal Company and Kharazmi Information Technology Development Company registered the highest value increase.

Shomalshargh Shahrood Industrial and Mining Company, Day Insurance and Shirvan Sugar Company suffered the biggest decline.

Pasargad Oil Company, Sarcheshmeh Copper Investment Company and Lavan Oil Refinery had the most positive impact on the IFB benchmark.