TEDPIX Plunges, IFX Spikes

Tehran Stock Exchange’s main index shed 324 points or 0.52% to end Saturday trade at 77,757.5.

Financial Tribune- Tehran Stock Exchange’s main index shed 324 points or 0.52% to end Saturday trade at 77,757.5.

More than 784 million shares valued at $46.1 million changed hands for the day.

Pars Company incurred the biggest loss among all TSE-listed companies as it went down 4.82% to 2,114 rials per share.

Iran Tractor Foundry Company was the biggest riser, going up 4.78% to 3,857 rials per share.

Ghadir Investment Company weighed the most on TEDPIX, followed by Mobarakeh Steel Company, and Persian Gulf Petrochemical Industries Company..

Jam Petrochemical Company gave the biggest boost to the benchmark, followed by Daroubaksh Holding Company, and Asia Investment Company.

The Price Index lost 115.40 points or 0.41% to end at 38,699.3.

The First Market Index gave up 281.60 points or 0.51% to 54,724.9.

The Second Market Index dropped by 385 points or 0.23% to 168,210.

The Industry Index shed 315 points or 0.49% to 64,617.3.

The Free Float Index fell by 431.21 points or 0.49% to 86,876.70.

The TSE 30 Index was down 19.10 points or 0.60% to 3,186.3.

The TSE 50 Index withdrew by 16.20 points or 0.52% to 3,091.5.

The over-the-counter Iran Fara Bourse’s main index IFX added 9.79 points or 1.23% to end Saturday trade at 808.34.

More than 395 million securities valued at $73.6 million were traded for the day.

Esfahan Steel Company saw the highest number of traded shares as 37.6 million of its shares changed hands.

Marun Petrochemical Company registered the highest trade value as $4.6 million worth of its shares were traded.

Taliseh Company, Esfahan Steel Company, and Marjankar Company had the highest value increase.

Gostaresh Sarmayehgozari Iranian Company, Sobhan Pharmaceutical Company, and Tehran Oil Refining Company saw the highest decline.

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

Financial Tribune
Publish Date: Aug 28, 2016