Iran Daily Market Update

May 13, 2017

Market Summary

TSE All-Share Index

The Tehran Stock Exchange All-Share Index started the week barely changed, closing up 0.02% at 80,142. Utility Service Providers (+1.41%) was the top performing sector of the day, buoyed by Mobin Petrochemical Co. (MOBN +2.37%). Fallers were led by Paper Products (-4.70%), weighed down by further declines in Iran Carton Co. (KRTI -4.72%) and Kaveh Paper Industries Co. (KSKA -4.70%). Automotive (-1.52%) posted the highest trading volume among sectors with IRR 260 billion (approx. USD 6.9 million). Main movers of the All-Share Index were Mobin Petrochemical Co., Persian Gulf Petrochemical Co. (PKLJ +0.46%) and Golgohar Mining & Industrial Co. (GOLG +1.15%). SAIPA Group (SIPA -1.05%) was the most traded stock with IRR 104 billion (approx. USD 2.7 million) in transactions. Total market volume fell 25% to IRR 9,447 billion (approx. USD 65 million), with several block trades staving off a greater decline.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization added 0.06% to close at 3,125. Mobin Petrochemical Co. (MOBN +2.37%) was the top gainer while Pardis Petrochemical Co. (PRDZ -1.35%) was the biggest faller. Total traded value of the top 30s plunged 47% to IRR 336 billion (approx. USD 8.9 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

80,142

14

 

0.02

TSE30 Index

 

3,125

1

 

0.06

Traded Value (USD million)

65

-21

 

25

Volume (million shares)

785

-815

 

50.9

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Mobin Petrochemical Co.

11.6

 

2.37

Persian Gulf Petrochemical Industry Co.

12.1

 

0.46

Golgohar Mining and Industrial Co.

6.1

 

1.15

Jam Petrochemical Co.

25.7

 

0.77

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Niromohareke  Machine Tools Co.

4.6

 

4.97

Khouzestan Cement Co.

8.6

 

4.90

Iran Argham Co.

17.6

 

4.78

Pars Switch Co.

30.7

 

4.74

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Utiliy Service Providers

193

 

1.41

Sugar

7,872

 

1.00

Automotive

18,951

 

1.52

Paper Products

12,058

 

4.70

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

SAIPA Group

79

 

2.7

Silica Sand Mfg. Co.

11

 

1.6

Pars Khodro

46

 

1.3

Mobin Petrochemical Co.

10

 

1.2

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,450

 

0.00

USD Free Market

 

37,474

 

0.05

EUR Official

 

35,461

 

0.33

EUR Free Market

 

41,057

 

0.70

Blue Chips Ticker’s Update

Closed Tickers: -

Re-Opened Tickers:


IPO: -

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

Turquoise Partners - Firouzeh Asia Brokerage

All Rights Reserved - 2017

Follow us on