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844 Points Wiped Off TEDPIX in Sunday Trade

Jul 18, 2018, 5:16 AM
News ID: 25829

EghtesadOnline: Tehran Stock Exchange’s main index lost 844.34 points or 0.78% on Sunday to end trading at 108,072.3.

About 869 million shares valued at $43.95 million changed hands at TSE for the day.

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

Mines and Metals Development Company incurred the biggest loss among all TSE-listed companies and went down 10.78% to 2,053 rials per share, Financial Tribune reported.

Pars Petrochemical Company was the biggest winner, as its shares went up 5% to 26,460 rials per share. 

Pars Petrochemical Company gave the biggest boost to the benchmark index, followed by Bandar Abbas Oil Refinery and SAIPA Company.

Mines and Metals Development was the biggest laggard behind the benchmark’s fall, followed by Persian Gulf Petrochemical Industries Company and Chadormalu Mining and Industrial Complex.

The Price Index lost 253.71 points to close at 34,281.7. The First Market Index was down 777.82 points to post 78,348.3.  The Second Market Index dropped 2,653.76 points to reach 222,535.2. The Industry Index gave up 936.56 points to register 97,724.9. The Free Float Index lost 1,054.79 points to hit 117,340.98. The TSE 30 was down 74.95 point to settle at 5,162.4 and the TSE 50 ended 55.39 points lower to finish at 4,593.5.

 IFX Down 0.45%

Iran Fara Bourse’s main index IFX shed 5.51 points or 0.45% to close Sunday trade at 1,219.62.

About 200.7 million securities valued at $50.1 million were traded at the over-the-counter exchange for the day.

Ghadir Petrochemical Company had the highest number of traded shares and trade value, as 47.29 million of its shares worth $2.49 million were traded.

Sabzevar Cement Company, Binalood Agriculture Company and Sobhan Pharmaceutical Company registered the highest value increase.

Marjankar Company, Caspian Tamin Pharmaceutical Company and Pasargad Oil Company suffered the biggest decline.

Zagros Petrochemical Company, Arfa Steel Company and Middle East Mines and Mining Industries Development Holding Company had the most negative impact on IFX.