Stocks Recoup Part of Losses After Wed. Collapse

EghtesadOnline: Tehran Stock Exchange’s main index gained 599.10 points or 0.76% to end Saturday trade at 79,010.7.

News ID: ۷۷۱۲۶۹

13 November 2016

The gain comes after TEDPIX nosedived 1.83% or 1,459 points after news broke that Donald Trump won the US presidential election. That was the benchmark's largest drop since April 16.

More than 1.14 billion shares valued at $111 million changed hands for the day.

Calcimin was the biggest riser, going up 5% to 3,717 rials per share.

Persian Gulf Transportation Company incurred the biggest loss among all TSE-listed companies, as it went down 10.01% to 2,635 rials per share.

National Iranian Copper Industries Company gave the biggest boost to the benchmark, followed by Mobarakeh Steel Company and Golgohar Mining and Industrial Company.

Persian Gulf Petrochemical Company weighed the most on TEDPIX, followed by Iran Khodro and Tabriz Refining Oil Company.

The Price Index was up 211.40 points or 0.76% to stand at 27,883.9.

The First Market Index sprang up 692.40 points or 1.25% to reach 56,064.5.

The Second Market Index lost 250.90 points or 0.15% to register 168,275.1.

The Industry Index gathered 591.50 points or 0.90% to post 66,163.3.

The Free Float Index won 808.16 points or 0.92% to hit 88,205.60.

The TSE 30 Index scored 41.20 points or 1.29% to settle at 3,243.8 while the TSE 50 Index jumped up 26.30 points or 0.85% to finish at 3,116.4.

> IFX Up 1.98%

Iran Fara Bourse’s main index gained 16.21 points or 1.98% to end Saturday trade at 835.4, Financial Tribune reported.

The IFX shed 20.15 points or 2.4% to end Wednesday trade at 819.19.

Over 168 million securities valued at $88.3 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value, as more than 19.4 million of its shares valued at $1.5 million changed hands.

Asia Zarin Madan Company, Shomalshargh Shahrood Industrial and Mining Company, and Zangan Zinc Industry Company registered the highest value increase.

Ravan Fanavar Engineering company, Saina Company and Pegah Golestan Dairy Company suffered the highest decline.

However, Middle East Mines Mining Industries Holding Company, Zagros Petrochemical Company and Marun Petrochemical Company had the most positive impact on the IFB benchmark.