TEDPIX Posts Heavy Losses

EghtesadOnline: Tehran Stock Exchange’s main index lost 2,834.12 points or 2.54% on Sunday to end trading at 108,694.1.

News ID: ۷۴۵۵۵۶

02 July 2018

About 1.56 billion shares valued at $93.97 million changed hands at TSE for the day.

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

Iran Khodro Axle Manufacturing Company was the biggest riser, going up 5% to 3,067 rials per share, according to Financial Tribune.

Iran Carton Company incurred the biggest loss among all TSE-listed companies and went down 5% to 6,769 rials per share.

Mobarakeh Steel Company was the biggest laggard behind the benchmark’s fall, followed by Iran National Copper Industry Company and Persian Gulf Petrochemical Industries Company.

Telecommunications Company of Iran gave the biggest boost to the benchmark index, followed by Offset Press Inc. and Pars Switch Company.

The Price Index lost 864.94 points to close at 33,172.7.

The First Market Index was down 2,209.61 points to post 79,447.4.

The Second Market Index shed 5,014.26 points to reach 219,527.7.

The Industry Index gave up 2,759.72 points to register 98,304.3.

The Free Float Index was down 3,180.84 points to end at 119,342.85.

The TSE 30 lost 188.68 point to settle at 5,280.6 and the TSE 50 dropped 140.19 points to finish at 4,627.6.

IFX Down 2.9%

Iran Fara Bourse’s main index IFX lost 36.69 points or 2.9% to close Sunday trade at 1,230.21.

About 529.45 million securities valued at $56.94 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company had the highest number of traded shares and trade value, as 142.37 million of its shares worth $4.24 million changed hands.

Pakdis Company, Afranet Company and Ballast Company registered the highest value increase.

Rishmac Productive and Exports Company, Pars Paper Industries Company and Saina Company suffered the biggest decline.

Zagros Petrochemical Company, Marun Company and Middle East Mines Industries Development Holding Company had the most negative impact on IFX.