TEDPIX Plummets

Tehran Stock Exchange’s main index plunged 444 points or 0.57% to end Sunday trade at 77,313.6.

Financial Tribune- Tehran Stock Exchange’s main index plunged 444 points or 0.57% to end Sunday trade at 77,313.6.

More than 1 billion shares valued at $67.4 million changed hands for the day.

Zagros Pharmaceutical Company incurred the biggest loss among all TSE-listed companies as it went down 4.99% to 6,589 rials per share.

Sepanta Company was the biggest riser, going up 5% to 17,400 rials per share.

Mobarakeh Steel Company weighed the most on TEDPIX, followed by Khuzestan Steel Company and Saipa, Iran’s second largest automaker.

Iran Telecommunications Company gave the biggest boost to the benchmark, followed by Jam Petrochemical Company, and Atieh Damavand Investment Company.

The Price Index lost 158.10 points or 0.57% to end at 27,541.2.

The First Market Index gave up 335.20 points or 0.61% to 54,389.7.

The Second Market Index dropped by 826.90 points or 0.49% to 167,383.1.

The Industry Index shed 403.40 points or 0.62% to 62,214.

The Free Float Index plummeted by 681.03 points or 0.78% to 86,195.70.

The TSE 30 Index was down 25.20 points or 0.80% to 3,160.8.

The TSE 50 Index withdrew by 18.90 points or 0.61% to 3,072.6.

The over-the-counter Iran Fara Bourse’s main index IFX added 7.47 points or 0.92% to end Sunday trade at 815.8.

More than 144 million securities valued at $17.2 million were traded for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value as 19.4 million of its shares worth $1.4 million changed hands.

Marun Petrochemical Company, Taliseh Company, and Shirvan Sugar Company had the highest value increase.

Atieh Dadeh Pardaz Company, Ghasem Distribution Company, and Tehran Oil Refining Company saw the highest decline.

Tehran Oil Refining Company, Lavan Oil Refining Company, and Iran Cultural Heritage and Tourism Investment Group Company had the most negative impact on the IFB benchmark.

Financial Tribune
Publish Date: Aug 29, 2016