TEDPIX Slips 0.5%

EghtesadOnline: After a downturn a session before, sell-side pressure eased in the final hours of trade on Tuesday but supply still outweighed demand.

News ID: ۷۸۷۳۰۴

17 November 2021

The benchmark of Tehran Stock Exchange, TEDPIX, again closed in negative territory losing 7,715.99 points or 0.54% to end trade at 1,408,582.

Institutional investors were the main players as the value of retail trade declined. Trade by retail investors amounted to 43 trillion rials ($153 million), which was 10% lower than Moonday.

About 4.76 billion shares valued at 45.58 trillion rials ($168m) changed hands at TSE for the day. Trading at TSE and junior equity exchange Iran Fara Bourse starts on Saturday and ends Wednesday.

Pardis Investment Company was the biggest winner as its shares went up 4.97% to 3,591 rials per share.

Iranian Investment Petrochemical Group Company incurred the biggest loss among all TSE-listed companies and went down 4.98% to 2,957 rials per share.

Persian Gulf Petrochemical Industries Company contributed the most to the benchmark's fall, followed by Pardis Petrochemical Company, Social Security Investment Company and Mobarakeh Steel Company.

Pakshoo Industrial Group Company gave the biggest boost to the benchmark index followed by Bandar Abbas Oil Refining Company, Fanavaran Petrochemical Company and Tabriz Oil Refining Company.

IFX Lingers

Iran Fara Bourse main index, IFX, lost 34.78 points or 0.17% to close Tuesday trade at 20,252. About 1.98 billion securities valued at 108.68 trillion rials ($402m) were traded at junior exchange for the day.

Sepid Damavand Fund had the highest number of traded shares as 322 million of its shares worth 322 million rials ($1,192) were traded.

Zagros Petrochemical Company, Pasargad Insurance Company, Hormozgan Steel Company and Marun Petrochemical Company had the most negative impact on IFX.

Iran Cultural Heritage and Tourism Investment Group Company gave the biggest boost to IFX, followed by Omid Taban Hour Energy Management Company, Kowsar Insurance Company and Damavand Power Generation Company.