Iran Daily Market Update

March 13, 2017

Market Summary

TSE All-Share Index

Stocks closed barely changed today with the TSE All-Share Index gaining 3.0 points to 76,332. Insurance (+1.68%) was the biggest gainer among sectors, while Metallic Prod­ucts (-1.95%) dropped the most. Automotive (-0.66%) was the sector with the highest trad­ed value, with IRR 199 billion (approx. USD 5.3 million) of shares exchanged. The top movers of the All-Share Index were Ghadir Investment Co. (GDIR -2.53%), Iran Khodro (IKCO -4.46%) and Esfahan Mobarakeh Steel Co. (FOLD -0.87%). The stock posting the highest daily trade volume was Machine Sazi Arak Mfg. Co. (MARK -3.37%) with IRR 69 billion (approx. USD 1.8 million) in trades. Total market trading volume surged 121% to IRR 10,028 billion (approx. USD 267 million), mostly because of a number of trades in participation bonds as well as block trades.

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization slipped 0.27% to close at 3,068. Esfahan Oil Refining Co. (PNES +1.31%) recorded the highest daily in­crease. The weakest share in the top 30s was Iran Khodro (IKCO -4.46%). The total trad­ed value of the top 30s reached IRR 366 billion (approx. USD 9 million), down 13% from yesterday. 

 

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

76,332

3

 

0.00

TSE30 Index

 

3,068

-8

 

0.27

Traded Value (USD million)

267

146

 

121

Volume (million shares)

2,505

166

 

7

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Ghadir Investment Co.

3.4

 

2.53

Iran Khodro

7.1

 

4.46

Esfahan Mobarakeh Steel Co.

3.6

 

0.87

Tamin Petroleum & Petrochemical Inv. Co.

4.9

 

1.06

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Bafgh Mining Co.

3.3

 

5.24

Iran Mineral Processing Co.

23.7

 

5.00

Iran Leasing Co.

3.5

 

4.99

Pars Darou Co.

37.1

 

4.98

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Insurance

5,056

 

1.68

Non-Metallic Ore

2,164

 

1.21

Industrial Conglomerates

7,150

 

1.24

Metallic Products

33,408

 

1.95

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Machine Sazi Arak Mfg. Co.

33

 

1.8

Iran Khodro

22

 

1.6

SAIPA Group

34

 

1.1

Insurance Industry Investment Co.

17

 

0.9

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,417

 

0.00

USD Free Market

 

37,495

 

0.11

EUR Official

 

34,686

 

0.24

EUR Free Market

 

40,309

 

0.54

Blue Chips Ticker’s Update

Closed Tickers: Ghadir Investment Co. (GDIR), Esfahan Mobarakeh Steel Co. (FOLD), Arak Petrochemical Co. (MARK)

Re-Opened Tickers: Iran Khodro (IKCO)


IPO: -

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

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