TEDPIX Gains 72 Points in Monday Trading

Financial Tribune- Tehran Stock Exchange’s main index inched up 72.10 points or 0.09% to end Monday trade at 79,692.9.

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

Pakhsoo Industrial Group was the biggest riser, going up 5% to 13,821 rials per share.

About 1 billion shares valued at $60.49 million changed hands for the day.

Iran Merinos Factories incurred the biggest loss among all TSE-listed companies, as it went down 5% to 7,337 rials per share.

Mobarakeh Steel Company gave the biggest boost to the benchmark, followed by Khouzestan Steel Company and Tosee Melli Group Investment Company.

Informatics Services Company weighed the most on TEDPIX, followed by Asan Pardakht Persian and Pardis Petrochemical Company.

The Price Index added 23.90 points or 0.09% to close at 26,468.6. The First Market Index gained 125.80 points or 0.23% to post 55,186.4.

The Second Market Index was down 271.30 points or 0.15% to reach 177,302.7. The Industry Index gathered 67.60 points or 0.10% to register 68,583.1.

The Free Float Index rose by 178.78 points or 0.20% to hit 87,472.30. The TSE 30 won 15.20 points or 0.49% to settle at 3,127.5 while the TSE 50 Index gained 6.10 points or 0.20% to finish at 3,095.5.

Iran Fara Bourse’s main index IFX gained 0.29 points or 0.03% to end Monday trade at 910.59.

Close to 140.4 million securities valued at $39.58 million were traded at the over-the-counter exchange for the day.

Arfa Iron & Steel Company witnessed the higher number of traded shares and trade value, as 15.1 million of its stocks valued at $1.12 million were exchanged.

MAPNA Group, Shirvan Sugar Company and Tuka Refractories registered the highest value increase.

Afranet, Pegah Golestan Dairy Company and Mavad Vizhe Lia suffered the biggest decline.

Middle East Mines and Mining Industries Development Holding Company, MAPNA Group and Arfa Iron & Steel Company had the most positive impact on the IFB benchmark.