Tehran Stocks Rebound

EghtesadOnline: Leaving behind two consecutive downturns, stock investors heaved a sigh of relief on Tuesday as sell-side pressure eased in major share categories.

News ID: ۷۸۷۰۱۸

15 September 2021

The benchmark of Tehran Stock Exchange, TEDPIX, gained 21,730.06 points or 1.47% to end trade at 1,496,955.

Buoyed by rising demand for small caps, the TSE’s equal-weighted index too climbed close to 1.8% bucking a week-long declining trend.

The market saw net capital inflow of 3.1 trillion rials by retail investors after five consecutive sessions of liquidity outflow.

Prices of 402 tickers climbed accounting for 81% of the total tickers.

About 7.46 billion shares worth 65.12 trillion rials ($241.2 million) changed hands at TSE for the day.

Sina Chemical Industries Company was the biggest winner as its shares went up 5% to 95,770 rials per share.

Technotar Engineering Company incurred the biggest loss among all TSE-listed companies losing 4.24% to 14,910 rials per share.

Khorasan Steel Company contributed the most to the benchmark's fall, followed by Isfahan Province Investment Company, Opal Kani Pars Mining and Processing Company and Pakshoo Industrial Group Company.

Parsian Oil and Gas Development Company gave the biggest boost to the benchmark index followed by Nouri Petrochemical Company, Mobarakeh Steel Company and Social Security Investment Company.

IFX Up 0.5%

ran Fara Bourse main index, IFX, gained 115.67 points or 0.52% to close Tuesday trade at 22,245.97.

About 2.95 billion shares and securities valued at 193.75 trillion rials ($717.6m) were traded at the junior exchange for the day.

Day Bank had the highest number of traded shares as 433.19 million of its shares worth 526.9 billion rials ($1.9m) were traded.

Pasargad Insurance Company, Minoo Industrial Group Company, Damavand Power Generation Company and Takht-e- Jamshid Petrochemical Company had the most negative impact on IFX.

Arya Sasol Polymer Company gave the biggest boost to IFX, followed by Hormozgan Steel Company, Zagros Petrochemical Company and Esfahan Steel Company.