TEDPIX Trundles Up

Financial Tribune- Tehran Stock Exchange’s main index inched up 30.3 points or 0.04% to end Tuesday trade at 77,647.1.

Close to 1.2 billion shares valued at $58 million changed hands for the day.

Plascokar Saipa was the biggest riser, going up 5% to 1,008 rials per share.

Iran Faravari Mining Company incurred the biggest loss among all TSE-listed companies, as it went down 4.7% to 8,629 rials per share.

Islamic Republic of Iran Shipping Lines gave the biggest boost to the benchmark, followed by Khuzestan Steel Company and Behran Oil Company.

Iran Mobile Communications Company weighed the most on TEDPIX, followed by National Iranian Copper Industries Company and Ghadir Investment Company.

The Price Index was up 10.50 points or 0.04% to stand at 26,962.2. The First Market Index lost 0.20 points, less than 0.01%, to post 54,516.5.

The Second Market Index gained 185.90 points or 0.11% to reach 168,587.9.

The Industry Index added 25.70 points or 0.04% to register 66,491.1. The Free Float Index scored 25.77 points or 0.03% to hit 85,343.40.

The TSE 30 Index lost 3.80 points or 0.12% to settle at 3,091.2 while the TSE 50 Index shed 0.60 points or 0.02% to close at 3,038.3.

Iran Fara Bourse’s main index IFX fell 1.09 points or 0.12% to end Tuesday trade at 885.78.

More than 202 million securities valued at $26 million were traded at the over-the-counter exchange for the day.

Iranian Cultural Heritage and Tourism Investment Company saw the highest number of traded shares, as 8.7 million shares changed hands.

Ballast Company recorded the highest trade value, with the trading of shares worth $1.2 million.

Tadbirgaran-e Fars and Khuzestan, Behpak Company and Ballast Company registered the highest value increase.

Pasargad Insurance, Iranian Reinsurance Company and Zarin Madan Asia Mining Company suffered the biggest decline.

Middle East Mines and Mineral Industries Development Holding Company, Marun Petrochemical Company and Pasargad Insurance had the most negative impact on the IFB benchmark.