Tehran Stock Exchange index Slips below Support Level

Tehran Stock Exchange’s main index lost 294.60 points or 0.37% to end Sunday trade at 78,990.4.

Financial Tribune- Tehran Stock Exchange’s main index lost 294.60 points or 0.37% to end Sunday trade at 78,990.4.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About 699 million shares valued at $64.69 million changed hands for the day.

Iran Carbon Company incurred the biggest loss among all TSE-listed companies, as it went down 5.39% to 2,881 rials per share.

Salemin Company was the biggest riser, going up 4.99% to 2,337 rials per share.

Jam Petrochemical Company weighed the most on TEDPIX, followed by Khouzestan Steel Company and Tejarat Bank.

Mobile Telecommunications Company of Iran gave the biggest boost to the benchmark, followed by Parsian Oil and Gas Development Company and Telecommunications Company of Iran.

The Price Index lost 99.40 points or 0.37% to close at 26,667.2.

The First Market Index shed 181.20 points or 0.33 to post 54,542.1.

The Second Market Index gave up 785.50 points or 0.44% to reach 176,638.5.

The Industry Index was down 242.80 points or 0.36% to register 67,855.4.

The Free Float Index lost 462.04 points or 0.54% to close at 85,851.90.

The TSE 30 was down 8.90 points or 0.29% to settle at 3,062 while the TSE 50 Index shed 7.10 points or 0.23% to finish at 3,071.5.

Iran Fara Bourse’s main index IFX lost 8.96 points or 0.99% to end Sunday trade at 891.66.

Close to 230.8 million securities valued at $20.80 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 19.6 million of its shares changed hands.

Sarcheshmeh Copper Investment Company had the highest trade value, as $1.712 million worth of its shares were traded.

Sarcheshmeh Copper Investment Company, Saman Insurance and Amir Reinsurance registered the highest value increase.

Atieh Dadeh Pardaz, Yazd Alloy Steel Company and Tuka Refractories suffered the biggest decline.

Marun Petrochemical Company, Esfahan Steel Company and Lavan Oil Refinery had the most negative impact on the IFB benchmark.

Financial Tribune
Publish Date: Jun 19, 2017