- At the end of the week ending October 7, 2015, the overall index registered 109 point decline to stand at 61,390. The first market index reached 42,534 after shedding 231 points or 0.54% while the second market benchmark gained 631 points or 0.46% to end the week at 136,701. In this week, the value of the trades and transactions touched 3,023 IRR bn, remaining the same as that of the last week. Furthermore, 1,724 million shares and rights changed hands in 133,000 times, showing a 9.5% decline and a 5% rise, compared to the week before. In addition, 319,535 bonds and sukuks worth 319 IRR bn were transferred, posting a 21% decrease, in relation with the previous week. In conclusion, sectors such as Tire and Plastic, Tannery, Base Metals, and Iron Ore registered the most positive impact on the industry index by 10.2%, 5.30%, 2.85% and 2.69%, respectively.
- Tehran Oil Refining Company released its unaudited financials for the Q1 of the FY ending March 19, 2016. Holding 680 IRR bn capital, the company made 34,700 IRR bn sales income, leading to 674 IRR bn gross profit. After subtracting the administrative and general costs, 315.5 IRR bn operating profit was made. Eventually the subtraction of financial costs and taxes plus adding the non-operating income ended in 436.4 IRR bn net profit, leading to the recognition of 119 IRR EPS.
- Tuka Steel Investment Company made 466 IRR bn revenue out of its investments for the 12-month period ending June 21, 2015. After the subtraction of its administrative and general costs, 421 IRR bn operating profit was made. Due to the addition of other incomes to this amount, the operating profit stood at 437 IRR bn leading to the recognition of 219 IRR EPS.
- Holding 30,000 IRR bn capital, Parsian Oil and Gas Development Company released its first predicted EPS for the FY 2016 to be 481 IRR. This unaudited prediction also includes a 17% drop in the investable companies’ predicted return, the 308% increase in the return of investment sales, the 10% fall in revenue, and the 9% decrease in the net profit.
TSE at a Glance
Summary of Trades
IFB at a Glance
Trading Halts & Delays
Today, the market overall index inched up 7.12 points or 0.01% to settle at 61,396.90; the value-weighted index notched up 2.79 points or 0.01% to reach 24,050.50, while the price-weighted index shed 8.40 points or 0.10% to end at 8,069.10 after 242 million shares and rights were traded. Besides, the first market gauge went up by 41.89 points or 0.03% to touch 42,545.80 whereas the second market benchmark fell 23.65 points or 0.02% to set as 136,676.30. Furthermore, the IFB index went up by 6.68 points to settle at 679.77, being mostly influenced by Maroon Petrochemical Company by 4.88 points.
National Iranian Copper Industries Company and Mellat Bank left the most positive impact on the TSE index by 60.87 and 8.41 points, respectively while Iran Transfo Company and Iran Khodro Company pulled down the market the most by 13.78 and 12.62 points, correspondingly.
In the Banking sector, a bullish trend started at the beginning which could not last the whole day and most tickers finally ended in the red territory.
In the Automotive sector just like the recent days, trades started positively but took a bearish behavior due to lack of liquidity and investors’ disinterest plus supply increase; most symbols ended in the negative zone at the end.
In the Base Metal sector, due to the global rise in metal prices, trades followed a bullish trend and a few symbols such as Khuzestan Steel Company and National Iranian Copper Industries Company faced buying queues. As was mentioned above, National Iranian Copper Industries Company pulled up the TEDPIX the most. Besides, some companies such as Esfahan Steel Company were institutionally supported.
In the Iron Ore sector, Gol-e Gohar Iron Ore Company and Chadormalu Mining and Industrial Company faced sell-offs; however, most of the sector’s companies experienced buying queues.
In the Transportation sector, most symbols ended in the red territory; Persian Gulf International Transportation Company and I.R.I. Shipping Lines Company witnessed positive trades and topped this sector’s trades.
In the Oil Products sector, the rise in oil price did not change the companies’ share prices. Lavan Oil Refining Company and Shiraz Oil Refining Company started and finished today’s trading session by buying queues; tickers such as Tehran Oil Refining Company were traded in the positive zone while most other symbols ended in the red.
And in the Pharmaceutical sector, KBC Company’s positive adjustment gave rise to some companies’ prices. Companies such as Amin pharmaceutical Company and Dr. Abidi Pharmaceutical Laboratories Company faced buying queues; and Tolid Darou Pharmaceutical Company experienced a 1.5% growth.
DISCLAIMER: This report has been prepared and issued by Agah Brokerage Firm on the basis of publicly available information, internally developed data and other sources believed to be reliable. The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. Agah does not assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions. Any expressions of opinions are subject to change without notice.
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