Iran Daily Market Update

January  8, 2017

Market Summary

TSE All-Share

The TSE All-Share Index closed barely changed today at 78,833, up 0.01% from the pre­vious session. The Automotive sector (+1.75%) saw the highest gain, while Machinery & Electric Equipment (-2.79%) dropped the most. Automotive posted the highest trading vol­ume for the second consecutive day, with IRR 213 billion (approx. USD 5.4 million) of trades. The companies making the most impact on the All-Share Index included SAIPA Group (SIPA +4.28%), National Iranian Copper Industries Co. (MSMI -1.65%) and Chadormalu Mining & Industrial Co. (CHML 2.26%). The most traded equity today was Azarab Industries Co. (AZAB -1.38%) with IRR 100 billion (approx. USD 2.5 million) of shares  exchanged. The total traded value of the market stood at IRR 1,372 billon (approx. USD 35 million), some 3% higher than the previous trading session.

 

TSE30 Index.
The TSE30 index of the thirty largest companies by market capitalization closed up 0.13% at 3,227. The top 30 stocks had mixed performances, with SAIPA Group (SIPA +4.28%) the biggest gainer of the day. The largest fall in the top 30s was recorded by Iran Transfo Corp. (TRNS -3.72%). The total traded value of the top 30s decreased by 21%, reaching IRR 344 billion (approx. USD 8.8 million) worth of trades.

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

78,833

7

 

0.01

TSE30 Index

 

3,227

4

 

0.13

Traded Value (USD million)

35

1

 

3

Volume (million shares)

862

-127

 

13

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

SAIPA Group

2.9

 

4.28

National Iranian Copper Industries Co.

4.9

 

1.65

Chadormalu Mining & Industrial Co.

4.9

 

2.26

Iran Khodro

6.8

 

2.12

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Sina Chemical Industries Co.

28.2

 

5.00

Garb Cement Co.

9.1

 

5.00

Piazar Agro Ind. Co.

12.9

 

5.00

Agriculture Industries Services Dev. Co.

8.2

 

4.97

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Automotive

17,337

 

1.75

Cement

704

 

1.10

Sugar

5,467

 

1.08

Machinery & Electric Equipment

489,818

 

2.79

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Azarab Industries Co.

27

 

2.5

SAIPA Group

81

 

2.3

SAIPA Investment Co.

66

 

1.7

National Iranian Copper Industries Co.

25

 

1.2

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,370

 

0.00

USD Free Market

 

38,840

 

0.61

EUR Official

 

34,095

 

0.00

EUR Free Market

 

42,622

 

0.54

Blue Chips Ticker’s Update

Closed Tickers: -

 

Re-Opened Tickers:  - Khuzestan Steel Co. (FKHZ)

 

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