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TEDPIX Down 0.58% in Saturday Trade

Mar 4, 2018, 8:43 AM
News ID: 23945
TEDPIX Down 0.58% in Saturday Trade

EghtesadOnline: T ehran Stock Exchange’s main index lost 572.99 points or 0.58% to end Saturday trade at 97,388.7.

About 2.41 billion shares valued at $125.54 million changed hands at TSE for the day.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

Insurance Industry Investment was the biggest riser, going up 7.02% to 3,539 rials per share, Financial Tribune reported.

Iran Mineral Processing Company incurred the biggest loss among all TSE-listed companies, as it went down 5% to 16,674 rials per share.

Mobarakeh Steel Company was the biggest laggard behind the benchmark’s fall, followed by Isfahan Oil Refining Company and Persian Gulf Petrochemical Industries Company.

Mobile Telecommunications Company of Iran gave the biggest boost to the benchmark index, followed by Pardis Petrochemical Company and SAIPA.

The Price Index lost 182.58 points to close at 31,045.3. The First Market Index was down 503.46 points to post 69,068.5. The Second Market Index shed 712.88 points to reach 207,965.1. The Industry Index gave up 568.39 points to register 86,476.8. The Free Float Index lost 596.80 points to end at 104,677.82. The TSE 30 dropped 36.84 points to settle at 4,314.6 while the TSE 50 was down 30.01 points to finish at 4,044.

 IFX Down 1.1%

Iran Fara Bourse’s main index IFX lost 12.04 points or 1.1% to close Saturday trade at 1,080.2.

About 674.09 million securities valued at $60.93 million were traded at the over-the-counter exchange for the day.

Hekmat Iranian Bank had the highest number of traded shares, as 51.5 million of its shares changed hands.

Esfahan Steel Company witnessed the highest trade value, as 44.09 million of its shares worth $818,326 changed hands.

Chaharmahal Food Products and Sugar Company, Goldashte Nemone Agri & Livestock Company, and Kerman Development and Construction Investment Company registered the highest value increase.

Iran & Shargh Leasing Company, Zangan Zinc Industry Company and Tuka Refractories suffered the biggest decline.

Marun Petrochemical Company, Zagros Petrochemical Company and Shiraz Oil Refining Company had the most negative impact on IFX.