TSE Extends Losing Streak

Tehran Stock Exchange’s main index lost 113.60 points or 0.14% to end Monday trade at 80,599.6.

Financial Tribune- Tehran Stock Exchange’s main index lost 113.60 points or 0.14% to end Monday trade at 80,599.6.

More than 590 million shares valued at $39.08 million changed hands for the day.

Irka Part Sanat Company incurred the biggest loss among all TSE-listed companies, as it went down 5.46% to 1,264 rials per share.

Marvdasht Sugar Company was the biggest riser, going up 4.92% to 5,308 rials per share.

Iran Telecommunications Company weighed the most on TEDPIX, followed by Golgohar Mining and Industrial Complex and Tamin Oil, Gas and Petrochemical Investment.

Credit Pension Fund Investment Company gave the biggest boost to the benchmark, followed by Ghadir Investment and Bandar Abbas Oil Refining Company.

The Price Index shed 38.50 points or 0.14% to close at 27,292.2.

The First Market Index dropped 50.60 points or 0.09% to post 55,704.39.

The Second Market Index lost 412.40 points or 0.23% to reach 179,943.6.

The Industry Index gave up 75.10 points or 0.11% to register 69,258.

The Free Float Index was down 143.87 points or 0.16% to close at 87,903.20.

The TSE 30 lost 0.70 point or 0.02% to settle at 3,130.2 while the TSE 50 Index shed 3 points or 0.10% to finish at 3,123.9.

Iran Fara Bourse’s main index IFX lost 1.57 points or 0.17% to end Monday trade at 916.6.

Close to 259 million securities valued at $48 million were traded at the over-the-counter exchange for the day.

Yazd Alloy Steel Company saw the highest number of traded shares and trade value, as 33.23 million of its shares valued at $2.36 million changed hands.

Saman Insurance, Tadbirgaran Fars and Khuzestan Investment Group and Bahman Leasing Company registered the highest value increase.

Ballast Company, Kosar Insurance, and Pegah Golestan Dairy Company suffered the biggest decline.

Shiraz Oil Refinery, Melal Credit Institution and Kosar Insurance had the most negative impact on the IFB benchmark.

Financial Tribune
Publish Date: May 30, 2017