Lackluster Trade at Iranian Stock Exchanges

EghtesadOnline: Tehran Stock Exchange’s main index shed 5.50 points or 0.01% to end Monday trade at 79,957.5.

News ID: ۷۴۱۵۴۱

16 May 2017

More than 1.07 billion shares valued at $57.97 million changed hands for the day.

Pars Refractories Company incurred the biggest loss among all TSE-listed companies, as it went down 7.38% to 4,492 rials per share.

Shirin Sugar Company was the biggest riser, going up 4.99% to 10,876 rials per share, Financial Tribune reported.

MAPNA Group weighed the most on TEDPIX, followed by Tamin Oil, Petrochemical and Gas Investment Group, and Iran Alloy Steel Company.

Esfahan Oil Refinery gave the biggest boost to the benchmark, followed by Telecommunications Company of Iran and Alborz Investment. The Price Index dropped 1.90 points or 0.01% to stand at 27,500.4.

The First Market Index gained 35.30 points or 0.06% to post 55,586.7.The Second Market Index lost 234.70 points or 0.13% to reach 176,644.3.

The Industry Index was down 33.40 points or 0.05% to register 65,653. The Free Float Index gave up 6.98 points or 0.01% to close at 87,278.90.

The TSE 30 Index added 0.80 points or 0.03% to settle at 3,121.5 while the TSE 50 Index was up 0.40 points or 0.01% to finish at 3,102.4.

IFX Down 0.21%

Iran Fara Bourse’s main index IFX lost 1.88 points or 0.21% to end Monday trade at 915.

More than 201 million securities valued at $23.47 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares, as 26.37 million of its shares changed hands.

Atieh Dadeh Pardaz posted the highest trade value, with the trading of shares worth $1.31 million.

Pakdis, Sina Port and Marine Services Company and Damavand Power Generation Company suffered the biggest decline.

Mahtab Kahnouj Company, Alvand Housing Investment and Khazar Shipping Company registered the highest value increase.

Damavand Power Generation Company, Shiraz Oil Refinery and Sina Port and Marine Services Company had the most negative influence on the IFB benchmark.