TEDPIX, IFX End 1st Iranian Month With Strong Gains

EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX gained 1,421.4 points or 1.84% during the first month of the new Iranian year (March 21-April 20) to end at 78,651.4.

News ID: ۷۴۱۰۸۹

22 April 2017

The over-the-counter Iran Fara Bourse’s main index, IFX, scored 32.78 points or 3.6% to close the month at 907.78.

TSE and IFB trading opened in the new Iranian year on March 25.

Over 62.18 billion shares valued at $990.06 million were traded at TSE, with the number of traded shares rising 73.2% and monthly trade value dropping 115% compared to the previous month, according to Financial Tribune.

TSE’s First Market Index gained 353.6 points or 0.6% during the month to stand at 54,929.9. The Second Market Index added 5,111 points or 3% to reach 172,393.

At IFB, more than 5.66 billion securities valued at $637.33 million were traded, indicating a 21.7% and 53.4% drop in number of shares traded and trade value respectively.

More than 722 million securities worth $41.7 million were traded in IFB’s First Market, registering a 52.1% and 51.49% decline in the number of traded shares and trade value respectively.

Over 2.55 billion securities valued at $162.81 million changed hands in the Second Market, registering a 14.3% growth in traded shares and 46% downturn in trade value month-on-month.