TEDPIX Close to Breaking Resistance Level

Financial Tribune- Tehran Stock Exchange’s main index inched up 27.10 points or 0.03% to end Wednesday trade at 79,969.2.

More than 1.06 billion shares valued at $79.73 million changed hands for the day.

Silica Sand Manufacturing Company was the biggest riser, going up 5% to 5,255 rials per share.

Mobin Petrochemical Company incurred the biggest loss among all TSE-listed companies, as it went down 4.99% to 4,072 rials per share.

Informatics Services Company gave the biggest boost to the benchmark, followed by Telecommunications Company of Iran and Asan Pardakht Persian.

Persian Gulf Petrochemical Industries Company weighed the most on TEDPIX, followed by Tamin Oil, Gas and Petrochemical Investment Company and Bank Mellat.

The Price Index inched up 9.30 points or 0.03% to stand at 27,528.2. The First Market Index gained 59.40 points or 0.11% to post 55,404.4. The Second Market Index lost 170.80 points or 0.10% to reach 177,753.2. The Industry Index gained 57.90 points or 0.08% to register 68,668.1.

The Free Float Index gave up 44.13 points or 0.05% to close at 87,692.80. The TSE 30 Index lost 8 points or 0.26% to settle at 3,104.2 while the TSE 50 Index shed 2.90 points or 0.09% to finish at 3,080.8.

Iran Fara Bourse’s main index IFX gained 3.23 points or 0.35% to end Wednesday trade at 936.86.

Close to 565.8 million securities valued at $33.11 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 45.8 million of its shares changed hands.

Atieh Dadeh Pardaz posted the highest trade value, as $3.07 million worth of its shares were traded.

Behpak, MAPNA and Atieh Dadeh Pardaz registered the highest value increase.

Iranian Reinsurance, Sina Port and Marine Services Development Company and Chaharmahal Sugar Company suffered the biggest decline.

Marun Petrochemical Company, Zagros Petrochemical Company and Atieh Dadeh Pardaz had the most positive influence on the IFB benchmark.