Tehran Stocks Rise 0.8%

EghtesadOnline: The main gauge of Tehran Stock Exchange TEDPIX gained 2,893.85 points or 0.81% on Tuesday to end trading at 362,259.4.

News ID: ۷۸۵۱۶۹

25 December 2019

About 3.69 billion shares valued at 22.76 trillion rials ($175.40 million) changed hands at TSE for the day.

Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.

Bandar Abbas Oil Refining Company was the biggest winner as its shares went up 5.19% to 9,264 rials per share, Financial Tribune reported.

Abadgaran Iran Tourism and Welfare Complexes incurred the biggest loss among all TSE-listed companies and went down 4.41% to 6,769 rials per share.

Mobarakeh Steel Company contributed the most to the benchmark's fall, followed by Bank Mellat, Kharg Petrochemical Company and Omid Investment Management Group Company.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark index, followed by Tamin Petroleum and Petrochemical Investment Company, Bandar Abbas Oil Refining Company and  Parsian Oil and Gas Development Company.

The Price Index gained 774.30 points, or 0.81% to close at 96,926.5.

The First Market Index increased by 1,062.76 points, or 0.41% to post 258,526.8.

The Second Market Index increased by 10,563.73 points, or 1.41% to reach 758,130.7.

The Industry Index increased by 2,953.18 points or 0.92% to register 325,130.2. The Free Float Index was up 2,335.22 points to hit 428,704.13.

TSE 30 increased by 68.69 points to settle at 15,246.6 and the TSE 50 ended 114.65 points higher to finish at 13,831.8.

IFX Up 1.1%

Iran Fara Bourse main index IFX gained 52.31 points or 1.13% to close Tuesday trade at 4,666.47.

About 1.49 billion securities valued at 12.87 trillion rials ($99.17 million) were traded at the over-the-counter exchange for the day.

Iran Fara Bourse Company, MAPNA Assaluyeh Power Generation Company, Khazar Sea Shipping Lines Company and Ghasem Iran Company (active in distribution industry) had the most negative impact on IFX.

Gohar Zamin Iron Ore Company gave the biggest boost to IFX, followed by Marun Petrochemical Company, Middle East Mines and Mineral Industries Development Holding Company and Zagros Petrochemical Company.