Iran Daily Market Update

July 11, 2017

Market Summary

TSE All-Share Index

The Tehran Stock Exchange All-Share Index ended the day marginally higher, adding 0.14% to close at 79,490. The top performing sector of the day was Foods excluding Sug­ar (+1.45%), while Machinery & Electric Equipment (-1.06%) was the weakest sector. IT (+0.52%) posted the highest trading volume with IRR 224 billion (approx. USD 6 million) of shares exchanged. Golgohar Mining and Industrial Co. (GOLG + 2.60%), Mobile Telecom­munication Company of Iran (HMRZ +1.04%) and Tosee Melli Investment Group (BANK +2.85%) were the main movers of the All-Share Index. The highest daily volume was rec­orded by Data Processing Iran Co. (DADE +4.66%) with IRR 100 billion (approx. USD 2.6 million) of shares traded. Total traded value of the TSE stood at IRR 3,034 billion (approx. USD 80 million), up 92% from the previous trading session. 

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization closed at 3,096, up 0.18% from yesterday. The biggest gainer was Tosee Melli Investment Group (BANK +2.85%), while Mines and Metals Development Investment Co. (MADN -2.43%) fell the most. The total traded value of the top 30s reached IRR 257 billion (approx. USD 6.7 mil­lion), down 29% from the previous trading session.

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

79,490

113

 

0.14

TSE30 Index

 

3,096

5

 

0.18

Traded Value (USD million)

80

38

 

92

Volume (million shares)

871

286

 

48.8

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Golgohar Mining & Industrial Co.

6.0

 

2.60

Mobile Telecommunication Company of Iran

40.2

 

1.04

Tosee Melli Investment Group

5.8

 

2.85

Metals Development Investment Co.

3.1

 

2.43

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Glucosan Co.

50.3

 

13.31

Iran Refractories Co.

9.0

 

4.97

Fars chemical industries Co.

5.9

 

4.86

Motorsazan Iran Tractor Manufacturing Co.

9.4

 

4.83

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Foods excluding Sugar

3,863

 

1.45

Ceramics & Tiles

2,138

 

1.33

Paper Products

14,325

 

0.97

Machinery & Electric Equipment

543,737

 

1.06

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Data Processing Co. of Iran

20

 

2.6

Iran Argham Co.

8

 

1.6

Tosee Melli Investment Group

23

 

1.3

MOBIN Petrochemical Co.

10

 

1.0

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

32,585

 

0.04

USD Free Market

 

37,807

 

0.04

EUR Official

 

37,126

 

0.05

EUR Free Market

 

43,310

 

0.01

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