Iran Daily Market Update

June 24, 2017

Market Summary

TSE All-Share Index

The Tehran Stock Exchange All-Share Index closed down 0.11% on the first day of the trading week at 78,652. Paper Products (+1.08%) was the top performing sector of the day, while Rubber & Plastics (-1.01%) led losers. Automotive (+0.55%) posted the highest trading volume of IRR 80 billion (approx. USD 2.3 million). Weighing most on the index were Mellat Bank (BMLT -3.51%), Bandar Abbas Oil Refining Co. (PNBA -1.17%) and MAPNA Group (MAPN -0.85%). The most traded stock was Silica Sand Manufacturing Co. (TAMI +2.42%) with volume of IRR 34 billion (approx. USD 0.9 million). In total 428 million securities were traded on the TSE for IRR 1,119 billion (approx. USD 30 million), down 45% from the previous trading session on Wednesday.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization slipped 0.23% to close at 3,042. Iran Khodro (IKCO +1.18%) was the only significant gainer among the top 30s. The biggest faller was Mellat Bank (BMLT -3.51%). In total the top 30s trading vol­ume fell 9.3% to IRR 113 billion (approx. USD 3 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

78,652

-84

 

0.11

TSE30 Index

 

3,042

-7

 

0.23

Traded Value (USD million)

30

-24

 

45

Volume (million shares)

428

-534

 

55.5

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Mellat Bank

2.4

 

3.51

Bandar Abbas Oil Refining Co.

13.2

 

1.17

MAPNA Group

19.2

 

0.85

Iran Zinc Mines Development Co.

5.6

 

12.45

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Iran Zinc Mines Development Co.

5.6

 

12.45

DP Iran Co.

9.5

 

6.82

National Iranian Lead & Zinc Co.

6.9

 

5.00

Sakht Ajand Co.

9.5

 

5.00

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Paper Products

13,595

 

1.08

Engineering Services

685

 

0.82

Oil Products

208,040

 

0.99

Rubber & Plastics

22,217

 

1.01

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Silica Sand Manufacturing Co.

6

 

0.9

Mellat Bank

24

 

0.6

Insurance Industry Investment Co.

5

 

0.5

Iran Khodro

6

 

0.4

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,492

 

0.01

USD Free Market

 

37,463

 

0.14

EUR Official

 

36,358

 

0.48

EUR Free Market

 

41,664

 

1.23

Blue Chips Ticker’s Update

Closed Tickers: -

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