TSE All-Share Index
The
Tehran Stock Exchange All-Share Index continued its slight upward moves at a
higher pace on the first trading session of the week. The TSE All-Share
Index added 0.56% or 420 units by closing at 74,936. The Base Metal sector
(+3.68%) rose the most, due to the positive performances of National Iranian
Copper Industries Co. (MSMI +7.37%) and Esfahan Mobarakeh Steel Co. (FOLD
+4.29%). The tickers of both companies were reopened today after holding
their AGMs on the previous days. The weakest sector was Metallic Products
(-3.18%), as Machine Sazi Arak Co. (MARK -4.39%) dragged the sector’s index
down. The Investment sector (+1.95%) was the value leader in the market by
recording IRR 193 billion (approx. USD 5.5 million) worth of trades. Today,
National Iranian Copper Industries Co., Esfahan Mobarakeh Steel Co. and
Chadormalu Mining & Industrial Co. (CHML +4.45%) were the top positive
movers of the TSE’s main benchmark, pushing the All-Share Index forward by
0.35%. The highest daily trade volume was recorded by Iran Electricity Meter
Manufacturing Co. (CONT +0.59%) with IRR 128 billion (approx. USD 3.6
million) worth of trades. In total, 585 million shares were exchanged on the
TSE’s trading board for IRR 1,283 billion (approx. USD 37 million), without
significant change from the last trading session on Wednesday.
TSE30 Index
The
TSE30 index, the index of the thirty largest companies by market
capitalization, went up for the third consecutive trading session by adding
0.88% to close at 3,066. The top gainer among the top 30 stocks was National
Iranian Copper Industries Co. (MSMI +7.37%), while Persian Gulf Petrochemical
Industries Co. (PKLJ -0.82%) had the worst performance. The total traded
value of the top 30 stocks surged by 123% to IRR 246 billion (approx. USD 7
million).
