Tehran Stocks Close Two-Day Trading Week Slightly Higher
EghtesadOnline: There was nothing much going on in the Iranian capital market last week, as both Tehran Stock Exchange and Iran Fara Bourse were closed the entire week, except for Saturday and Sunday.
Tehran Stock Exchange’s all-share index, TEDPIX, gained 421 points or 0.4% during the week that ended on June 3 to close at 95,998.9.
Iran Fara Bourse’s benchmark index, IFX, inched up 0.30 points or 0.02% to stand at 1107.34.
Trading at Iran’s stock markets starts on Saturday and ends on Wednesday, according to Financial Tribune.
Over 1.85 billion shares valued at $117 million were traded on TSE last week. The number of traded shares and trade value plummeted by 72% and 66% respectively compared to the week before.
TSE’s First Market Index gained 464 points or 0.7% to end at 69,144.7. The Second Market Index inched up by 6 points or 0.003% to close at 199,318.7.
At IFB, over 485.2 million securities valued at $81.61 million were traded, with the number of traded shares and trade value dropping by 67% and 69% respectively compared to the previous week.
IFB’s market cap also lost $3 million to reach $36.49 billion.
Its First Market witnessed the trading of 55.74 million securities valued at $1.95 million.
About 196.6 million securities valued at $9.07 million were traded in the Second Market.
Over 2.8 million debt securities valued at $54.4 million were also traded at IFB.
Exchange-traded funds trade reached 14.36 million worth $4.8 million.
Housing mortgage rights’ trade also reached 217,408 securities worth $3.35 million.