Iran Daily Market Update

April 15, 2017

Market Summary

TSE All-Share Index

The Tehran Stock Exchange All-Share Index started the week on a positive note, gaining 0.32% to close at 78,383. The majority of sectors posted gains, led by Metallic Products (+3.85%) and Automotive (+3.40%). The biggest faller was Telecommunication (-0.89%), dragged down by Telecommunication Company of Iran (MKBT -0.82%) and Mobile Tele­communication Co. of Iran (HMRZ -0.95%). The highest volume was registered by the Automotive sector with IRR 550 billion (approx. USD 14.6 million) in trades. The stocks making the most impact today on the All-Share Index included SAIPA Group (SIPA +4.04%), MAPNA Group (MAPN +2.35%) and Esfahan Mobarakeh Steel Co. (FOLD -1.33%). The highest trade volume was posted by Asan Pardakht Persian Co. (APPE +5.00%) with IRR 300 billion (approx. USD 8 million) worth of trades. Total traded value on the TSE jumped 94% to IRR 4,581 billion (approx. USD 122 million), including IRR 1,208 billion (approx. USD 32 million) in participation bonds of National Iranian Oil Compa­ny (MGHR +2.44%) which mature in February 2018 with an annual interest of 21%.    

 

TSE30 index

The TSE30 index of the thirty largest companies by market capitalization edged up 0.12% to close at 3,077. Automotive companies Iran Khodro (IKCO +2.72%) and SAIPA Group (SIPA +4.04%) were the biggest gainers on the index. Losers were led by Golgohar Min­ing & Industrial Co. (GOLG -1.14%), Esfahan Mobarakeh Steel Co. (FOLD -1.33%) and Tejarat Bank (BTEJ -1.4%). Total traded value of the top 30s reached IRR 670 billion (approx. USD 17.8 million), up 41% from Wednesday.

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

78,383

250

 

0.32

TSE30 Index

 

3,077

3

 

0.12

Traded Value (USD million)

122

59

 

94

Volume (million shares)

1,442

253

 

21

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

SAIPA Group

3.6

 

4.04

MAPNA Group

21.5

 

2.35

Esfahan Mobarakeh Steel Co.

3.5

 

1.33

Telecommunication Company of Iran

6.1

 

0.95

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Saipa Azin Co.

3.0

 

22.91

Iran Behnoush Co.

13.2

 

7.18

Pars Shahab Light Co.

19.7

 

5.00

Techinco

24.4

 

5.00

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Metallic Products

36,117

 

3.85

Automotive

19,774

 

3.40

Sugar

6,228

 

2.66

Engineering Services

768

 

2.37

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Asan Pardakht Persian Co.

14

 

8.0

SAIPA Group

148

 

5.4

Esfahan Mobarakeh Steel Co.

102

 

3.6

Polyacryl Iran Corp.

121

 

2.5

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,440

 

0.01

USD Free Market

 

37,500

 

0.18

EUR Official

 

34,428

 

0.14

EUR Free Market

 

40,111

 

0.13

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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