Iran Daily Market Update

May 20, 2017

Market Summary

TSE All-Share Index

The Tehran Stock Exchange All-Share Index started the week positively following the out­come of the presidential election, closing at 81,078 for one-day gain of 0.91%, its biggest daily increase in 2017.  Most sectors ended up, led by Automotive (4.18%). Engineering Services (-0.03%) and Telecommunication (-0.02%) were the only major sectors to fall. Automotive also posted the highest volume with IRR 595 billion (approx. USD 15.8 million) in trades. The main movers of the All-Share Index were led by Persian Gulf Petrochemical Industries Co. (PKLJ +2.58%), SAIPA Group (SIPA +4.49%) and Bandar Abbas Oil Refin­ing Co. (PNBA +2.89%). SAIPA Group was the most traded individual stock with volume of IRR 282 billion (approx. USD 7.5 million). In total over one billion securities were ex­changed on the TSE for IRR 3,319 billion (approx. USD 89 million), up 82% from the last trading session on Wednesday.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization closed up 0.65% at 3,150. SAIPA Group (SIPA +4.49%) led gainers while Pardis Petrochemical Co. (PRDZ -1.06%) fell the most. Total traded value of the top 30s dropped 16% to IRR 499 billion (approx. USD 13.3 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

81,078

733

 

0.91

TSE30 Index

 

3,150

20

 

0.65

Traded Value (USD million)

89

40

 

82

Volume (million shares)

1,014

87

 

9.4

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Persian Gulf Petrochemical Ind. Co.

12.6

 

2.58

SAIPA Group

3.7

 

4.49

Bandar Abbas Oil Refining Co.

15.5

 

2.89

Iran Khodro

7.7

 

4.04

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Mashhad Wheel Mfg. Co.

2.6

 

5.00

Middle East Bank

7.0

 

5.00

Margarine Co.

9.8

 

5.00

Asan Pardakht Persian Co.

7.7

 

5.00

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Automotive

19,849

 

4.18

Other Financials

2,668

 

2.87

Sugar

7,774

 

2.49

Oil Products

236,144

 

2.14

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

SAIPA Group

85

 

7.5

Atiyeh Damavand Investment Co.

38

 

2.5

Iranian Investment Petrochemical Group

73

 

2.4

Iran Khodro

27

 

2.1

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,440

 

0.01

USD Free Market

 

37,466

 

0.20

EUR Official

 

36,345

 

0.79

EUR Free Market

 

42,138

 

1.41

Blue Chips Ticker’s Update

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

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