Iran Daily Market Update

March 18, 2017

Market Summary

TSE All-Share Index

 

The Tehran Stock Exchange All-Share Index advanced 0.64% to close at 77,230 on the last trading day of the Iranian calendar year. Metallic Products (+3.33%) was the top per­forming sector, while Automotive (-0.14%) saw the biggest fall, with the majority of sectors ending in positive territory. Automotive also posted the highest trading volume among sec­tors with IRR 146 billion (approx. USD 3.9 million) of trades. Today the leading positive movers of the All-Share Index were National Iranian Copper Industries Co. (MSMI +3.08%), Esfahan Mobarakeh Steel Co. (FOLD +2.62%) and Mobile Telecommunication Co. of Iran (HMRZ +2.75%). The stock with the highest daily trade volume was MAPNA Group (MAPN +1.48%) with IRR 63 billion (approx. USD 1.6 million) worth of trades. Block trades and debt securities dominated the TSE trading board today. Total traded value reached IRR 4,638 billion (approx. USD 124 million), up 49% from the previous trading session on Wednesday.

 

TSE30 Index

The TSE30 index of the thirty largest companies by market capitalization rose 0.67% to close at 3,097, with National Iranian Copper Industries Co. (MSMI +3.08%) leading the top gainers and Esfahan Oil Refining Co. (PNES -1.62%) falling the most. Total traded value of the top 30s was 10% up at IRR 342 billion (approx. USD 9.1 million).

Market Information

Blue Chips Ticker’s Update

Closed Tickers: -

Re-Opened Tickers: Esfahan Mobarakeh Steel Co. (FOLD), Ghadir Invest­ment Co. (GDIR), Civil Pension Fund Investment Co. (SAND)

IPO: -

** All figures in USD are converted from IRR at the free market rate

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