TEDPIX Ends Week 32 Points Down

Financial Tribune- Tehran Stock Exchange’s main index lost 32 points or less than 0.01% during the week that ended June 28 to close at 78,704.5.

The smaller over-the-counter Iran Fara Bourse’s benchmark, IFX, gained 6.8 points or 0.8% during the same period to stand at 910.3.

Trading at Iran’s stock market starts on Saturday and ends on Wednesday. Monday and Tuesday were holidays this week.

Over 2.29 billion shares valued at $107.09 million were traded on TSE during the past week. The number of traded shares and trade value dropped by 24% and 46% compared to the previous week.

TSE’s First Market Index gained 10 points or 0.01% to end at 54,247 while the Second Market Index dropped 252 points or 0.14% to close at 176,556.5.

At IFB, more than 1.55 billion securities valued at $90.72 million were traded. The number of traded shares and trade value shrank by 48% and 70% respectively compared to the previous week.

IFB’s market cap gained $187.57 million or 0.7% to reach $28.98 billion.

Its First Market witnessed the trading of 169 million securities valued at $8.66 million, indicating a 4% growth and 20% downturn in the number of traded securities and trade value respectively.

About 229 million securities valued at $19.78 million were traded in the Second Market, with the number of traded securities and trade value dropping by 72% and 81% respectively week-on-week.