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TEDPIX Trade Plummets 1.79%

Sep 3, 2018, 7:48 AM
News ID: 26733
TEDPIX Trade Plummets 1.79%

EghtesadOnline: Tehran Stock Exchange’s main index lost 133,676.1 points or 1.79% on Sunday to end trading at 133,676.1.

About 2.47 billion shares valued at $69.85 million changed hands at TSE for the day.

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

Kerman Cement Company was the biggest winner, as its shares went up 24.94% to 3,752 rials per share, Financial Tribune reported.

Darab Cement Company of Iran incurred the biggest loss among all TSE-listed companies and went down 5.27% to 1,366 rials per share.

Mobarakeh Steel Company was the biggest laggard behind the benchmark’s fall, followed by the National Iranian Copper Industries Company and Golgohar Mining and Industrial Complex.

Bank Mellat gave the biggest boost to the benchmark index, followed by Islamic Republic of Iran Shipping Lines Company and Mobile Telecommunications Company of Iran.

The Price Index lost 711.82 points to close at 39,100.5.

The First Market Index was down 2,126.26 points to post 97,906.7. 

The Second Market Index shed 3,244.56 points to reach 268,990.4. The Industry Index dropped by 2,478.42 points to register 121,755.6.

The Free Float Index was down 2,769.76 points to end at 142,395.80.

The TSE 30 gave up 158.74 point to settle at 6,453.5 and the TSE 50 ended 121.65 points lower to finish at 5,761.3.

 IFX Down 2.48%

Iran Fara Bourse’s main index IFX lost 38.33 points or 2.48% to close Sunday trade at 1,506.9.

About 789.72 million securities valued at $26.97 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company had the highest number of traded shares and trade value, as 120.62 million of its shares worth $1.98 million changed hands.

Amin Reinsurance, Parvardeh Tabas Coal Processing Company and Shomal-e-Shargh-e-Shahroud Industrial and Mining Company registered the highest value increase.

Tabarrok Company, KBC Company and Pasargad Oil Company suffered the biggest decline.

Marun Petrochemical Company, Zagros Petrochemical Company and Esfahan Steel Company had the most negative impact on IFX.