Iran Daily Market Update

June 19, 2017

Market Summary

TSE All-Share Index

Tehran stocks continued their downward trend on Monday with the TSE All-Share Index closing 0.17% lower at 78,859. The majority of sectors fell, led by Rubber & Plastics (-1.78%). The top performing sector of the day was Machinery & Electric Equipment (+1.27%). Chemical sector (+0.15%) saw the highest trades with IRR 107 billion (approx. USD 2.8 million). Mobile Telecommunication Co. of Iran (HRMZ +1.10%), Persian Gulf Industries Co. (PKLJ +0.59%) and Esfahan Oil Refining Co. (FOLD -1.94%) had the most impact on the All-Share Index today. The most traded stock was construction company Sakht Ajand (SAJN -4.51%) with volume of IRR 38 billion (approx. USD 1 million). Total traded value on the TSE fell 55% to USD 29 million, mostly because of fewer trades in debt securities.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization closed at 3,056, down 0.17% from yesterday. The top gainer was Mobile Telecommunication Co. of Iran (HRMZ +1.10%) while Tejarat Bank (BTEJ -2.89%) was the weakest. Total traded value of the top 30s fell 13% to IRR 192 billion (approx. USD 5 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

78,859

-131

 

0.17

TSE30 Index

 

3,056

-5

 

0.17

Traded Value (USD million)

29

-36

 

55

Volume (million shares)

424

-179

 

29

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Mobile Telecommunication Co. of Iran

87.4

 

1.1

Persian Gulf Petrochemical Industries Co.

12.3

 

0.59

Esfahan Oil Refining Co.

7.8

 

1.94

Bandar Abbas Oil Refining Co.

13.5

 

1.19

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Takceram Tile Manufacturing Co.

4.8

 

5.00

Khorasan Shirin Sugar Co.

37.4

 

4.91

Khorasan Pegah Dairy Co.

10.5

 

4.73

Gorji Biscuit Co.

11.2

 

4.65

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Machinery & Electric Equipment

555,994

 

1.27

Oil Products

211,517

 

1.30

Other Financials

2,439

 

1.77

Rubber & Plastics

21,999

 

1.78

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Sakht Ajand Co.

12

 

1.0

Asan Pardakht Persian Co.

1

 

1.0

Iran Transfo Corp.

6

 

1.0

Mobile Telecommunication Co. of Iran

1

 

0.9

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,468

 

0.00

USD Free Market

 

37,457

 

0.21

EUR Official

 

36,354

 

0.07

EUR Free Market

 

41,515

 

0.92

Blue Chips Ticker’s Update

Closed Tickers: -

Re-Opened Tickers: Esfahan Mobarakeh Steel Co. (FOLD)    

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