TEDPIX Inches Closer to Resistance Level

Financial tribune- Tehran Stock Exchange’s main index gained 70.90 points or 0.09% to end Sunday trade at 80,933.9.

About 558 million shares valued at $52.71 million changed hands for the day.

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

Negin Tabas Coal Company was the biggest riser, going up 18.46% to 2,932 rials per share.

Pardis Petrochemical Company incurred the biggest loss among all TSE-listed companies, as it went down 4.46% to 5,933 rials per share.

Golgohar Mining and Industrial Complex gave the biggest boost to the benchmark, followed by Mobarakeh Steel Company and Civil Pension Fund Investment Company.

Pardis Petrochemical Company weighed the most on TEDPIX, followed by Iran Transfo and Informatics Services Company.

The Price Index gained 23 points or 0.09% to close at 26,318.2. The First Market Index was up 82.70 points or 0.15% to post 56,422.4. The Second Market Index was down 26.10 points or 0.01% to reach 177,974.9. The Industry Index gathered 76.90 points or 0.11% to register 69,764.0. The Free Float Index rose by 97.50 points or 0.11% to hit 89,217.80. The TSE 30 won 4 points or 0.13% to settle at 3,200.3 while the TSE 50 Index scored 1.40 points or 0.04% to finish at 3,141.

Iran Fara Bourse’s main index IFX lost 0.51 points or 0.06% to end Sunday trade at 923.7.

Close to 167 million securities valued at $25.7 million were traded at the over-the-counter exchange for the day.

Iran Cultural Heritage and Tourism Investment Group Company witnessed the highest number of traded shares, as 10.19 million of its stocks were traded.

Mavad Vizhe Lia witnessed the highest trade value, with the trading of shares worth $937,608.

Kharazmi Information Technology, Sabzevar Cement Company and Tabas Parvadeh Coal Company registered the highest value increase.

Afranet, Ballast Company and Mavad Vizhe Lia suffered the biggest decline.

Middle East Mines and Mining Industries Development Holding Company, Afranet, and Damavand Power Generation Company had the most negative impact on the IFB benchmark.