Iran Daily Market Update

September 19, 2016

Market Summary

TSE All-Share Index

Investors witnessed the TSE All-Share Index in positive territory today, closing at 76,272, 0.14% higher than yesterday. Ceramics & Tiles (+2.51%) was the top performing sector, while the steepest drop was seen by the Sugar sector (-1.76%). As usual, Automotive (+1.42%) was the market value leader with IRR 231 billion (approx. USD 6 million) worth of trades. The top positive drivers of the All-Share Index were Persian Gulf Petrochemical Industries Co. (PKLJ +0.62%), SAIPA Group (SIPA +1.41%) and Iran Khodro (IKCO +1.24%). The highest daily trade volume was recorded by Azarab Industries Co. (AZAB +2.18%) with IRR 85 billion (approx. USD 2.3 million) worth of trades. Similar to yesterday, the total daily value of trade was mostly influenced by block trades and trade in participa­tion bonds. The TSE’s traded value declined by 16% to IRR 2,838 billion (approx. USD 79 million).

 

TSE30 Index

The TSE30 index, the index of the thirty largest companies by market capitalization, was almost unchanged, closing at 3,086, 0.05% higher than yesterday. SAIPA Group (SIPA +1.41%) rose the most in the top 30s, while Parsian Bank (BPAR -0.45%) was the weak­est. In total, the traded value of the top 30 stocks stood at IRR 170 billion (approx. USD 4 million), 44% lower than yesterday.

 

Highlight

Tomorrow is a public holiday in Iran and the Tehran Stock Exchange will be closed.

Market Information

Index

 

Value

Unit Change

% Change

TSE All-Share Index

76,272

106

 

0.14

TSE30 Index

 

3,086

-1

 

0.05

Traded Value (USD million)

79

-17

 

16

Volume (million shares)

1,215

604

 

99

 

 

 

 

 

 

Top Influencers

 

Close ($Cents)

% Change

Persian Gulf Petrochemical Industries Co.

13.7

 

0.62

SAIPA Group

3.2

 

1.41

Iran Khodro

8.4

 

1.24

Alborz Investment Co.

12.4

 

3.49

 

 

 

 

 

 

Top Gainers

 

Close ($Cents)

 

% Change

Pars Tile Co.

19.8

 

5.00

Naghsh Jahan Sugar Co.

18.9

 

5.00

Aabsal Co.

8.7

 

4.93

Alvand Tile Co.

4.0

 

4.89

 

 

 

 

 

Sectors with Highest Daily Change

Value

 

% Change

Ceramics & Tiles

1,782

 

2.51

Metallic Products

43,795

 

1.60

Automotive

18,852

 

1.42

Sugar

5,660

 

1.76

 

 

 

 

 

 

Highest Daily Traded

 

Volume (M Shares)

Value ($ M)

Azarab Industries Co.

17

 

2.3

Parand ETF

4

 

1.2

Iran Khodro

13

 

1.1

DP Iran Co.

10

 

1.1

 

 

 

 

 

 

FX Daily Change

 

IRR

 

% Change

USD Official

 

31,377

 

0.01

USD Free Market

 

35,609

 

0.18

EUR Official

 

35,048

 

0.11

EUR Free Market

 

39,881

 

0.82

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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