TEDPIX Ends Sunday Trade 1% Higher

EghtesadOnline: Tehran Stock Exchange’s main index gained 1,783.96 points or 1% on Sunday to end trading at 180,625.3. The gain comes after the market had shed 2.3% on Wednesday and was mostly attributed to the newly released positive earnings results from export oriented companies.

News ID: ۷۴۶۱۶۶

29 October 2018

But as the second round of US sanctions due Nov. 4 approach, investors exercise more restraint in the volume of their buying.

About 2.12 billion shares valued at $43.96 million changed hands at TSE for the day.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends  Wednesday, according to Financial Tribune.

Takceram Tile Manufacturing Co. was the biggest winner as its shares went up 6.55% to 1,708 rials per share.

Securities Exchange Brokers Association incurred the biggest loss among all TSE-listed companies and went down 5% to 5,871 rials per share.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark index, followed by Mines and Metals Development Investment Company, and Chadormalu Mining and Industrial Complex.

Tehran Oil Refining Co. contributed the most to the benchmark's fall, followed by Mobin Petrochemical Company, and Isfahan Oil Refining Co.

The Price Index gained 519.70 points to close at 52,611.5.

The First Market Index was up 1,308.69 points to post 133,774.7. Second Market Index increased by 3,582.50 points to reach 356,395.5.

The Industry Index went up by 1,643.68 points to register 165,312.7. Free Float Index was up 1,708.23 points to hit 189,983.88. TSE 30 went up 88.62 point to settle at 9,024.6 and the TSE 50 ended 85.78 points higher to finish at 8,009.5.

IFX Down 0.23%

Iran Fara Bourse’s main index IFX lost 4.62 points or 0.23% to close Sunday trade at 2,013.38.

About 571.19 million securities valued at $29.34 million were traded at the over-the-counter exchange for the day.

Iran Cultural Heritage and Tourism Investment Group Company had the highest number of traded shares and trade value as 32.99 million of its shares worth $1.01 million were traded.

Saman Insurance, Iran Cultural Heritage and Tourism Investment Group Company, and Kerman Development and Construction Investment Company registered the highest value increase.

Avicenna Laboratories Inc., Ballast Company, and Hotel Parsian Kowsar suffered the biggest decline.

Esfahan Steel Company, Marun Petrochemical Company, and Shiraz Oil Refining Company had the most negative impact on IFX.

Mercantile Exchange Schedule

As Tuesday is a national holiday, the time to offer polymer and chemical products on Iran Mercantile Exchange was announced according to which polymer products will be offered on October 29, while chemical products on October 31.

In addition, agricultural commodities platform will 8,000 tons of edible and durum wheat and 400 tons of zinc ingots will be offered on the industrial and mineral commodities platform on Sunday, IBENA reported.

Oil and petrochemical commodities platform, also on Sunday, will offer 2,508 tons of polyvinyl chloride, polyethylene, acrylonitrile butadiene styrene, urea, ammonia, and nitric acid.