TEDPIX Losses Mount

EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, closed the trading week Wednesday in negative territory shedding another 7,000 points.

News ID: ۷۵۱۳۱۹

22 October 2020

The TSE’s benchmark finished trade 0.5% lower to put the weekly losses at more than 9.5% in four sessions.  About 10.74 billion shares valued at 93.38 trillion rials ($322.01 million) changed hands at TSE for the day.

Trading at TSE and the junior equity market Iran Fara Bourse starts on Saturday and ends Wednesday. Kohgiluyeh and Boyer-Ahmad Province Investment Company was the main winner as its shares went up 13% to 1,130 rials per share.

Islamic Republic of Iran Shipping Lines Company incurred the biggest loss among all listed companies and went down 4.99% to 34,100 rials per share.

Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by Tamin Petroleum and Petrochemical Investment Company, Islamic Republic of Iran Shipping Lines Company and Tehran Oil Refining Company.

National Iranian Copper Industries Company gave the biggest boost to the benchmark index followed by Iran Khodro Company, Mellat Bank and Parsian Bank.

The Industry Index lost 10,352.22 points or 0.83% to register 1,242,942.95. The Free Float Index was down 3,261.95 points to hit 1,909,904.93. TSE 30 went down 229.44 points to settle at 70,521.13 and the TSE 50 ended 380.73 points lower to finish at 55,176.3.

IFX Down 0.22%

Iran Fara Bourse main index IFX lost 38.03 points or 0.22% to close Wednesday trade at 16,970.06.

About 1.96 billion securities valued at 40.13 trillion rials ($138.4 m) were traded at the junior exchange for the day.

Sepehr Saderat Financial Group Investment Company had the highest number of traded shares as 239.99 million of its shares worth 3.17 trillion rials ($10.93m) were traded.

Pasargad Insurance Company, Saba Tamin Investment Company, Middle East Mines and Mineral Industries Development Holding Company and Shahid Tondgooyan Petrochemical Company had the most negative impact on IFX.

Arya Sasol Polymer Company gave the biggest boost to IFX, followed by Zagros Petrochemical Company, Sepehr Saderat Financial Group Investment Company and Hormozgan Steel Company.