Iran Daily Market Update

October 22, 2016

Market Summary

TSE All-Share Index

The Tehran Stock Exchange All-Share Index started the week with a positive daily return, closing at 78,387, a 0.38% increase. The majority of sectors saw positive returns and the highest daily gain was witnessed by the Metallic Products sector (+3.58%). In contrast, Ceramics & Tiles (-1.21%) was the weakest sector of the day. Automotive sector (-0.77%) remained the value leader, recording IRR 494 billion (approx. USD 14 million) worth of trades. Today, Bandar Abbas Oil Refining Co. (PNBA +3.75%), Mobile Telecommunica­tion Company of Iran (HRMZ +1.84%) and Esfahan Oil Refining Co. (PNES +4.57%) had the greatest impact on the All-Share Index.  The stock with the highest daily trade volume was SAIPA Group (SIPA -1.07%) with IRR 118 billion (approx. USD 3.3 million) worth of trades. In total, 821 million securities were exchanged on the TSE for IRR 3,084 billion (approx. USD 86 million), 45% higher than Wednesday's trading session.

 

TSE30 Index

The TSE30 Index, the index of the thirty largest companies by market capitalization, rose by 0.49% to close at 3,188. The majority of the top 30 stocks experienced slight growth on Saturday, but the two Automotive companies were the weakest. Iran Khodro (IKCO -1.41%) and SAIPA Group (SIPA -1.07%) recorded the greatest decline, while Bandar Ab­bas Oil Refining Co. (PNBA +3.75%) and Esfahan Oil Refining Co. (PNES +4.57%) in­creased the most among the top 30s. The total traded value of the top 30 stocks went up by 18% to IRR 449 billion (approx. USD 12.5 million).

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

78,387

296

 

0.38

TSE30 Index

 

3,188

15

 

0.49

Traded Value (USD million)

86

27

 

45

Volume (million shares)

821

-192

 

19

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Bandar Abbas Oil Refining Co.

14.4

 

3.75

Mobile Telecommunication Company of Iran

95.0

 

1.84

Esfahan Oil Refining Co.

7.5

 

4.57

Esfahan’s Mobarakeh Steel Co.

3.4

 

1.55

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Iran Tractor Foundry Co.

7.6

 

5.00

Asan Pardakht Co.

31.9

 

5.00

Sina Chemical Industries Co.

39.8

 

4.99

Behshahr Industrial Development Corp.

7.0

 

4.99

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Metallic Products

40,725

 

3.58

Oil Products

210,237

 

3.39

Foods excluding Sugar

3,501

 

2.60

Construction

805

 

1.64

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

SAIPA Group

86

 

3.3

Azarab Industries Co.

21

 

2.9

Tabriz Oil Refining Co.

15

 

2.5

Asan Pardakht Persian

6

 

1.9

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

31,730

 

0.20

USD Free Market

 

35,857

 

0.01

EUR Official

 

34,535

 

0.71

EUR Free Market

 

39,716

 

0.38

Blue Chips Ticker’s Update

Closed Tickers: -

 

Re-Opened Tickers:  -

 

IPO: -

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

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