Iran Daily Market Update

May 21, 2017

Market Summary

TSE All-Share Index

Tehran stocks continued their post-election bounce today but on lower volumes, with the All-Share Index adding 0.14% to close at 81,194. Paper Products (+4.48%) led risers among sectors, while Machinery & Equipment and Non-Metallic Ores recorded the weak­est performance, both losing 0.88%. Automotive (+0.58%) posted the highest daily trade volume, with IRR 222 billion (approx. USD 6 million) worth of trades. Today the companies making the largest impact on the All-Share Index were Islamic Republic of Iran Shipping Lines (KSHJ +2.57%), Esfahan Oil Refining Co. (PNES -1.61%) and Esfahan Mobarakeh Steel Co. (FOLD +0.96%). Iran Transfo Corp. (TRNS +0.57%) recorded the highest trade volume, with IRR 166 billion (approx. USD 4.4 million) of shares traded. The TSE’s total traded value reached IRR 2,664 billion (approx. USD 72 million), down 20% from the pre­vious trading session.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization gained 0.12% to close at 3,154, with Islamic Republic of Iran Shipping Lines (KSHJ +2.57%) leading the top gainers and Esfahan Oil Refining Co. (PNES -1.61%) falling the most. Total traded value of the top 30s was 47% down at IRR 262 billion (approx. USD 7 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

81,194

116

 

0.14

TSE30 Index

 

3,154

3

 

0.12

Traded Value (USD million)

72

-17

 

20

Volume (million shares)

787

-227

 

22.4

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Islamic Republic of Iran Shipping Lines Co.

10.5

 

2.57

Esfahan Oil Refining Co.

8.6

 

1.61

Esfahan Mobarakeh Steel Co.

3.6

 

0.96

Mobile Telecommunication Co. of Iran

84.0

 

0.73

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Kashan Amirkabir Steel Co.

28.8

 

5.23

Middle East Bank

7.3

 

4.99

Loghman Pharmaceutical & Hygienic Co.

15.8

 

4.99

Iran Carton Co.

11.8

 

4.98

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Paper Products

12,515

 

4.48

Transportation & Logistics

4,011

 

2.26

Sugar

7,868

 

1.21

Engineering Services

738

 

0.93

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Iran Transfo Corp.

28

 

4.4

SAIPA Group

126

 

3.5

Iranian Investment Petrochemical Group

54

 

1.8

Bahonar Copper Ind. Co.

16

 

1.6

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,440

 

0.00

USD Free Market

 

37,244

 

0.59

EUR Official

 

36,345

 

0.00

EUR Free Market

 

42,130

 

0.02

Blue Chips Ticker’s Update

Closed Tickers: SAIPA Group (SIPA) 

Re-Opened Tickers: -


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