TEDPIX, IFX Reap Strong Gains in Weekly Trade

EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX gained 799.9 points or 0.97% during the week that ended August 23 to close at 82,541.8.

News ID: ۷۷۸۷۷۵

26 August 2017

Trading at Iran’s stock markets starts on Saturday and ends on Wednesday.

IFX, the main index of the smaller over-the-counter exchange Iran Fara Bourse, won 21.4 points or 2.3% during the week to end at 940.1

Over 2.52 billion shares valued at $293.48 were traded on TSE last week. The number of traded shares dropped by 20.7% while trade valued grew by 41.9%, Financial Tribune reported.

TSE’s First Market Index gained 720 points or 0.1.26% to end at 57895.

The Second Market Index rose by 864.5 points or 0.48% to close at 179,594.70.

At IFB, more than 799 million securities valued at $147.4 million were traded. The number of traded shares and trade value dropped by 34% and 59% respectively compared to the previous week.

IFB’s market cap gained $481.8 million or 1.8% to reach $27.78 billion.

Its First Market witnessed the trading of 79 million securities valued at $3.86 million, indicating a 26% and 11% drop in the number of traded securities and trade value respectively.

About 468 million securities valued at $37.5 million were traded in the Second Market, with the number of traded securities and trade value shrinking by 38% and 87% week-on-week respectively.