TEDPIX Breaks Above 77,000

Tehran Stock Exchange’s main index gained 442.40 points or 0.58% to end Tuesday trade at 77,089.8.

Financial Tribune- Tehran Stock Exchange’s main index gained 442.40 points or 0.58% to end Tuesday trade at 77,089.8.

More than 925 million shares valued at $56.9 million changed hands for the day.

Iran Zinc Mines Development Company was the biggest riser, going up 5% to 2,100 rials per share.

Neyshabour Sugar Company incurred the biggest loss among all TSE-listed companies, as it went down 4.35% to 1,585 rials per share.

Iran Mobile Telecommunications Company gave the biggest boost to the benchmark, followed by Bandar Abbas Oil Refining Company and Esfahan Oil Refining Company.

Ghadir Investment Company weighed the most on TEDPIX, followed by SAIPA and Shiraz Petrochemical Company.

The Price Index added 157.60 points or 0.58% to end at 27,467.4.

The First Market Index gathered 284.50 points or 0.53% to reach 54,772.3.

The Second Market Index jumped by 1,115 points or 0.68% to post 165,487.

The Industry Index won 440.30 points or 0.69% to register 64,089.4.

The Free Float Index scored 418.48 points or 0.49% to hit 86,472.60.

The TSE 30 Index leapt up by 23.90 points or 0.76% to settle at 3.180.4 while the TSE 50 Index garnered 22.30 points or 0.73% to finish at 3,072.5.

The over-the-counter Iran Fara Bourse’s main index IFX gained 8.36 points or 1.05% to end Tuesday trade at 808.07.

More than 253 million securities valued at $29.4 million were traded for the day.

Atieh Dadeh Pardaz Digital Company saw the highest number of traded shares and trade value, as 27 million of its shares worth $2.8 million changed hands.

Mavad Vizhe Lia Company, Asia Zarin Madan Company and Zangan Zinc Industries Company had the highest value increase.

Shirvan Sugar Company, Tabas Parvardeh Coal Company and Pegah Food Company saw the highest decline.

Tehran Oil Refining Company, Hormozgan Steel Company and Esfahan Steel Company gave the biggest boost to the IFB benchmark.

Esfahan Steel Company, Damavand power Generation Company and Iran Cultural Heritage and Tourism Investment Group Company were also on investors’ radar.

Aug 3, 2016
Financial tribune |