TEDPIX Nears 80,000 Level

Tehran Stock Exchange’s main index gained 239.10 points or 0.30% to end Tuesday trade at 79,871.4.

Financial Tribune-Tehran Stock Exchange’s main index gained 239.10 points or 0.30% to end Tuesday trade at 79,871.4.

More than 865 million shares valued at $60.3 million changed hands for the day.

Iran Faravari Mining Company was the biggest riser, going up 5% to 7,393 rials per share.

Pars Tile incurred the biggest loss among all TSE-listed companies, as it went down 4.89% to 8,824 rials per share.

Mobarakeh Steel Company gave the biggest boost to the benchmark, followed by Khuzestan Steel Company and Golgohar Mining and Industrial Company.

Jam Petrochemical Company weighed the most on TEDPIX, followed by Bahman Group and Islamic Republic of Iran Shipping Lines.

The Price Index was up 84.40 points or 0.30% to stand at 28,202.7.

The First Market Index jumped 300.50 points or 0.53% to post 56,491.7.

The Second Market Index fell by 238.60 points or 0.14% to reach 171,156.4.

The Industry Index rose 239.70 points or 0.36% to register 66,932.3.

The Free Float Index scored 399.73 points or 0.45% to hit 89,209.10.

The TSE 30 Index gained 18.50 points or 0.57% to settle at 3,264.5 while the TSE 50 Index won 10.60 points or 0.34% to finish at 3,145.7.

Iran Fara Bourse’s main index IFX gained 4.41 points or 0.53% to end Tuesday trade at 839.5.

Over 152.2 million securities valued at $23.5 million were traded at the over-the-counter exchange on Tuesday.

Esfahan Steel Company saw the highest number of traded shares and trade value, as more than 11.4 million of its shares valued at $878,600 changed hands.

Kimiya Zanjan Gostaran Company, Tuka Refractories Production & Services Company and Amin Reinsurance Company registered the highest value increase.

Day Insurance, Pasargad Oil Company and Saina Company suffered the highest decline.

Marun Petrochemical Company, Zagros Petrochemical Company and Esfahan Steel Company had the most positive impact on the IFB benchmark.

Financial Tribune
Publish Date: Nov 9, 2016