TEDPIX Ends Trading Week 1.5% Higher, IFX Up 2%

EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX gained 1,333 points or 1.5% during the trading week that ended on Nov. 22 to close at 89,339.1.

News ID: ۷۴۴۴۸۹

25 November 2017

The benchmark index is currently around its four-year high and will need a slight push to break past its all-time high of 89,500 reached back in Jan. 5, 2014.

The main index of the smaller over-the-counter exchange Iran Fara Bourse IFX added 20.1 points or 2% during the week to end at 1,017.1. IFX is at its all-time high and has been extending its record for a few weeks now.

Trading at Iran’s stock market starts on Saturday and ends on Wednesday, according to Financial Tribune.

Over 4.03 billion shares valued at $241.9 million were traded on TSE last week. The number of traded shares and trade value grew by 6% and 29% respectively.

TSE’s First Market Index gained 1,495 points or 2.42% to end at 63,060.5 The Second Market Index dropped by 58 points or 0.03% to close at 192,360.4.

At IFB, more than 1.19 billion securities valued at $235 million were traded. The number of traded shares and trade value dropped by 12% and 66% respectively.

Its First Market witnessed the trading of 354 million securities valued at $20.7 million, surging 282% in number of shares traded and 383% in trade value.

About 311 million securities valued at $29.2 million were traded in the Second Market, dropping 7% in the number of shares traded and growing by 10% in trade value.

Over 7 million debt securities valued at $152 million were also traded at IFB, declining by 73% and 75% in the number of bonds traded and their value respectively.