TEDPIX Extends Six-Day Winning Momentum

Financial Tribune- Tehran Stock Exchange’s main index gained 155.30 points or 0.19% to end Saturday trade at 83,428.2.

About 434 million shares valued at $61.64 million changed hands for the day.

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

Ma Insurance was the biggest riser, going up 4.96% to 1,734 rials per share.

Behceram Company incurred the biggest loss among all TSE-listed companies, as it went down 4.99% to 3,617 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark, followed by Esfahan Oil Refinery and Khouzestan Steel Company.

Mobarakeh Steel Company weighed the most on TEDPIX, followed by Golgohar Mining and Industrial Company and Pars Oil Company.

The Price Index added 50.40 points or 0.19% to close at 27,026.6. The First Market Index gained 13.10 points or 0.02% to post 58,628. The Second Market Index won 1,001 points or 0.56% to reach 180,919. The Industry Index was up 141 points or 0.19% to register 72,449.5. The Free Float Index dropped 45.52 points or 0.05% to hit 91,818.40. The TSE 30 gathered 1.50 points or 0.04% to settle at 3,402 while the TSE 50 scored 11.30 points or 0.35% to finish at 3,269.2.

Iran Fara Bourse’s main index IFX gained 0.61 points or 0.06% to close Saturday trade at 954.07.

Close to 220.9 million securities valued at $23.01 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company witnessed the highest number of traded shares, as 55.16 million of its shares changed hands.

Kerman Development and Construction Investment Company had the highest trade value as $1.61 million of its shares were traded.

Kerman Development and Construction Investment Company, MobinOne Kish and Kosar Insurance registered the highest value increase.

Shomalshargh Shahrood Industrial and Mining Company, Behpak Industrial Group and Bahman Leasing Company suffered the biggest decline.

Zagros Petrochemical Company, Kerman Development and Construction Investment Company and Hormozgan Steel Company had the most positive impact on the IFB benchmark.