Iran Daily Market Update - 21 August 2017

Iran Daily Market Update

August 21, 2017

Market Summary

TSE All-Share Index

Tehran stocks continued to edge upwards, with the TSE All-Share Index adding 0.07% to close at 82,075. Paper Products (+4.79%) was the top performing sector of the day. The biggest faller was Oil Products (-0.91%) which was also the most traded sector by value with volume of IRR 190 billion (approx. USD 4.9 million). The TSE All-Share Index was mostly impacted by Metal & Mines Investment Development Co. (MADN +4.0%), Mellat Bank (BMLT -3.11%) and Islamic Republic of Iran Shipping Lines (KSHJ +2.37%). The most traded stock was Tabriz Oil Refining Co. (PNTB -4.53%) with IRR 81 billion (approx. USD 2.1 million). Trading volume partially recovered from yesterday’s dip, increasing 50% to IRR 2,175 billion (approx. USD 57 million).

TSE30 Index

The top 30s also continued their positive trend, driving the TSE30 index of the thirty largest companies by market capitalization which closed up 0.14% at 3,301. Metal & Mines Investment Development Co. (MADN +4.0%) rose the most, while Mellat Bank (BMLT -3.11%) was the biggest faller. The total traded value of shares in the TSE30 index surged 76% to IRR 340 billion (approx. USD 8.8 million). Metal & Mines Investment Development Co., Bandar Abbas Oil Refining Co. (PNBA -0.06%), Esfahan Mobarakeh Steel Co. (FOLD +0.34%) and Mellat Bank were the most traded stocks by value in the top 30s.

Market Information

Index	Value	Unit Change	% Change
TSE All-Share Index	82,075	59	0.07
TSE30 Index	3,301	4	0.14
Traded Value (USD million)	57	18	50
Volume (million shares)	1,255	812	183

Top Influencers		Close ($Cents)	% Change
Metals & Mines Inv. Dev. Co.		3.5	4.00
Mellat Bank		2.6	3.11
Islamic Republic of Iran Shipping Lines		10.7	2.37
Mobile Telecommunication Co. of Iran		38.4	0.78

Top Gainers		Close ($Cents)	% Change
Iran Combine Manufacturing Co.		2.0	5.80
Iran Carton Co.		14.3	4.98
Alvand Tile Co.		6.8	4.97
Iran Refractories Co.		9.3	4.94

Sectors with Highest Daily Change	Value	% Change
Paper Products	13,032	4.79
Machinery & Equipment	4,096	2.11
Foods excluding Sugar	3,790	1.46
Metallic Ore	14,955	1.05

Highest Daily Traded	Volume (M Shares)	Value ($ M)
Tabriz Oil Refining Co.	15	2.1
Metals & Mines Inv. Dev. Co.	36	1.2
Iran Tractor Forging Co.	12	1.2
Esfahan Mobarakeh Steel Co.	26	1.2

FX Daily Change	IRR	% Change
USD Official	32,980	0.08
USD Free Market	38,247	0.12
EUR Official	38,764	0.00
EUR Free Market	45,046	0.33

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

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