TEDPIX Past New Resistance Level

Financial Tribune- Tehran Stock Exchange’s main index gained 1,041.10 points or 1.31% to end Saturday trade at 80,340.7.

More than 1.2 billion shares valued at $77.3 million changed hands for the day.

Bafgh Mining Company was the biggest riser, going up 5% to 8,463 rials per share.

Qazvin Sugar Factories Company incurred the biggest loss among all TSE-listed companies, as it went down 4.89% to 5,019 rials per share.

National Iranian Copper Industries Company gave the biggest boost to the benchmark, followed by Qadir Investment Company and Mobarakeh Steel Company.

Islamic Republic of Iran Shipping Lines weighed the most on TEDPIX, followed by Telecommunications Company of Iran and Tabriz Refining Company.

The Price Index was up 347.60 points or 1.31% to stand at 28,368.4. The First Market Index jumped 984.60 points or 1.77% to reach 56,629.8.

The Second Market Index scored by 758.80 points or 0.44% to register 173,255.8. The Industry Index gained 973.50 points or 1.47% to record 67,350.7.

The Free Float Index won 1,240.16 points or 1.40% to hit 89,608.40.

The TSE 30 Index added 53.70 points or 1.66% to settle at 3,280.4 while the TSE 50 Index gathered 43.70 points or 1.40% to finish at 3,168.4.

Iran Fara Bourse’s main index IFX gained 10.59 points or 1.28% to end Saturday trade at 839.23.

Over 421.4 million securities valued at $38.2 million were traded at the over-the-counter exchange for the day.

Arfa Iron and Steel Company saw the highest number of traded shares and trade value, as 29.45 million of its shares valued at $2.7 million changed hands.

Marun Petrochemical Company, Zagros Petrochemical Company and Khorasan Petrochemical Company had the highest value increase.

Arfa Iron and Steel Company, Lavan Oil Refining Company and Kosar Finance and Credit Institute had the highest decline.

Marun Petrochemical Company, Zagros Petrochemical Company and Khorasan Petrichemical Company had the most positive impact on the IFB benchmark.