Iran Daily Market Update

January  14, 2017

Market Summary

TSE All-Share

The TSE All-Share Index advanced 0.32% on the first trading session of the week to close at 78,876. Automotive (+3.58%) was the top gainer among several sectors making signifi­cant improvements, while the biggest faller was Machinery & Electric Equipment (-1.00%), continuing last week’s downward trend.  Automotive also posted the highest trading vol­ume with IRR 317 billion (approx. USD 8 million) of shares changing hands. Stocks mak­ing the biggest impact on the All-Share Index were led by Iran Khodro (IKCO +4.92%), National Iranian Copper Industries Co. (MSMI +1.88%) and SAIPA Group (SIPA +3.54%). Azarab Industries Co. (AZAB +3.26%) was the most traded share of the day with IRR 156 billion (approx. USD 4 million) of shares exchanged. In total one billion securities were traded on the TSE for IRR 2,457 billion (approx. USD 62 million), up 106% from Wednes­day’s trading session.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization closed up 0.38% at 3,230. The two automotive companies, Iran Khodro (IKCO +4.92%) and SAIPA Group (SIPA +3.54%), were the main positive drivers of the top 30s index. In contrast Iran Trans­fo Corp. (TRNS -1.50%) and Esfahan Oil Refining Co. (PNES -1.61%) were the weakest shares weighing most on the index. The total traded value of the top 30s fell 12% from Wednesday to IRR 277 billion (approx. USD 7 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

78,876

254

 

0.32

TSE30 Index

 

3,230

12

 

0.38

Traded Value (USD million)

62

32

 

106

Volume (million shares)

1,066

283

 

36

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Iran Khodro

6.7

 

4.92

National Iranian Copper Industries Co.

4.9

 

1.88

SAIPA Group

2.9

 

3.54

Esfahan Oil Refining Co.

6.5

 

1.61

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Asan Pardakht Co.

39.5

 

5.00

Bafgh Mining Co.

39.9

 

5.00

Iran Tractor Foundry Co.

9.5

 

4.99

Ardekan Ceramic Co.

9.3

 

4.99

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Automotive

17,542

 

3.58

Non-Metallic Ore

2,190

 

2.57

Ceramics & Tiles

2,063

 

2.24

Machinery & Equipment

15,687

 

1.53

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Azarab Industries Co.

40

 

3.9

SAIPA Group

78

 

2.3

Bama Mining & Industrial Co.

9

 

1.8

Zamyad Co.

74

 

1.7

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,367

 

0.01

USD Free Market

 

39,548

 

0.68

EUR Official

 

34,442

 

0.88

EUR Free Market

 

42,747

 

0.21

Blue Chips Ticker’s Update

Closed Tickers: -

 

Re-Opened Tickers:  -

 

IPO: -

** All figures in USD are converted from IRR at the free market rate

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