Record Breaking of Gaining 1333 Points by TEDPIX Main Index
Tehran Stock Exchange’s main index TEDPIX gained 1,333 points or 1.5% during the trading week that ended on Nov. 22 to close at 89,339.1. The benchmark index is currently around its four-year high and will need a slight push to break past its all-time high of 89,500 reached back in Jan. 5, 2014.
The main index of the smaller over-the-counter exchange Iran Fara Bourse (IFX) added 20.1 points or 2% during the week to end at 1.1.2017 IFX is at its all-time high and has been extending its record for a few weeks now. Trading at Iran’s stock market starts on Saturdays and ends on Wednesdays.
Over 4.03 billion shares valued at $241.9 million were traded on TSE last week. The number of traded shares and trade value grew by 6% and 29% respectively. TSE’s First Market Index gained 1,495 points or 2.42% to end at 63,060.5. The Second Market Index dropped by 58 points or 0.03% to close at 192,360.4.
At IFB, more than 1.19 billion securities valued at $235 million were traded. The number of traded shares and trade value dropped by 12% and 66% respectively. Its First Market witnessed the trading of 354 million securities valued at $20.7 million, surging 282% in number of shares traded and 383% in trade value.
About 311 million securities valued at $29.2 million were traded in the Second Market, dropping 7% in the number of shares traded and growing by 10% in trade value. Over 7 million debt securities valued at $152 million were also traded at IFB, declining by 73% and 75% in the number of bonds traded and their value respectively.
According to other news and analysis about the IME trading, during weekdays ending to Nov. 23rd, while about 482,905 MT of all commodities (including polymers) worth over 308 million USD were traded in Iran Mercantile Exchange, the trade volume and values experienced a growth of 7% and 12%, respectively.
The last week’s report from IME International Affairs and PR, on domestic and export metal and mineral trading floor of IME, 214,651 MT of various products worth close to 169.7 million USD were traded.
The report declares that on domestic and exporting markets of oil and petrochemical trading floors of IME, 204,479 MT of different commodities with the total value of 121.9 million USD were traded.
On this trading floor, more than 76,861 MT of bitumen, 53,577 MT of polymer products, 40,000 MT of VB feed stock as well as 10,500 MT of lube-cut oil, 19,837 MT of chemical products, 1,200 MT of sulfur, 713 MT of base oil and slack waxes, 500 MT of slaps waxes and 1,292 MT of insulation were traded.
Moreover, on the agricultural trading floor of IME, 62,656 MT of various commodities worth over 15.2 million USD were traded. On this trading floor, 58,250 MT of wheat, 4,036 MT of maize as well as 370,000 day old chicks were traded by customers.
It is worth noting that during the third week of November, the side market of IME witnessed trading of 1,100 MT of palm oil and 18 T of methylene di-phenyl diisocyanate.