TEDPIX Leaps 508 Points Ahead

Tehran Stock Exchange’s main index gained 508.30 points or 0.63% to end Saturday trade at 80,670.8.

Financial Tribune- Tehran Stock Exchange’s main index gained 508.30 points or 0.63% to end Saturday trade at 80,670.8.

About 903 million shares valued at $116.8 million changed hands for the day.

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

Shahid Bahonar Copper Company was the biggest riser, going up 25.02% to 5,407 rials per share.

Damavand Mining Company incurred the biggest loss among all TSE-listed companies, as it went down 4.62% to 14,229 rials per share.

Golgohar Mining and Industrial Complex gave the biggest boost to the benchmark, followed by Chadormalu Mining and Industrial Complex and Parsian Oil and Gas Development.

Tamin Petroleum & Petrochemical Investment Co. weighed the most on TEDPIX, followed by Telecommunications Company of Iran and Fajr Petrochemical Company.

The Price Index gained 167.30 points or 0.63% to close at 26,551.

The First Market Index won 526.10 points or 0.95% to post 56,106.

The Second Market Index was up 165.10 points or 0.09% to reach 178,124.1.

The Industry Index gathered 477.80 points or 0.69% to register 669,500.6.

The Free Float Index rose by 592.51 points or 0.67% to hit 88,802.90.

The TSE 30 scored 24.10 points or 0.76% to settle at 3,179.8 while the TSE 50 Index was up 20.20 points or 0.65% to finish at 3,132.4.

Iran Fara Bourse’s main index IFX gained 3.45 points or 0.37% to end Saturday trade at 923.81.

Close to 410 million securities valued at $30.99 million were traded at the over-the-counter exchange for the day.

Pars Paper Industries witnessed the highest number of traded shares and trade value, as 15.62 million of its stocks valued at $1.46 million were exchanged.

Pegah Fars Dairy Company, Parsian Rail Transportation Development and Zangan Zinc Industries registered the highest value increase.

Minoo Shargh Food Industries, Tuka Refractories and Mavad Vizhe Lia suffered the biggest decline.

Zagros Petrochemical Company, Damavand Mining Company and Middle East Mines and Mining Industries Development Holding Company had the most positive impact on the IFB benchmark.

Financial Tribune
Publish Date: Jul 23, 2017