TEDPIX Gains 402 Points in Weekly Trading

EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX gained 402 points or 0.5% during the week that ended September 6 to close at 83,675.

News ID: ۷۷۹۰۶۵

10 September 2017

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

The main index of the smaller over-the-counter exchange Iran Fara Bourse IFX shed 5.1 points or 0.5% during the week to end at 948.4.

Over 3.23 billion shares valued at $250.3 million were traded on TSE last week. The number of traded shares and trade value dropped by 29% and 26.4% respectively, according to Financial Tribune.

TSE’s First Market Index shed 98 points or 0.16% to end at 58,543.5.

The Second Market Index rose by 2,939 points or 1.63% to close at 182,857.

At IFB, more than 1.32 billion securities valued at $201.3 million were traded. The number of traded shares and trade value dropped by 23% and 30% compared to the previous week.

IFB’s market cap lost $318.6 million or 1.2% to reach $27.15 billion.

Its First Market witnessed the trading of 76 million securities valued at $4.21 million, indicating a 76% and 73% decline in the number of traded securities and trade value respectively.

About 563 million securities valued at $48.32 million were traded in the Second Market, with the number of traded securities and trade value shrinking by 29% and 27% week-on-week respectively.

Over 4 million debt securities valued at $92.72 million were also traded at IFB. The number of bonds traded and trade value also dropped by 45% and 46% respectively.