- After passing a law, which directly affects the Visa Waiver Program and Iran’s calling it as a probable violation of the JCPOA, the US Secretary of State wrote a letter to Mr. Zarif, declaring that visa changes will not prevent the US from meeting JCPOA commitments in any way. Mr. Kerry has said:” I want to confirm to you that we remain fully committed to the sanctions lifting provided for under the JCPOA.” He also added that “We will adhere to the full measure of our commitments, per the agreement. Our team is working hard to be prepared and as soon as we reach implementation day we will lift appropriate sanctions.”
- Stressing the fact that the impossibility to predict foreign exchange volatility is an impediment to both domestic economic practitioners and foreign investors, an official has stated that the formation of modern financial markets and derivatives is the first step towards stabilizing risky money markets and attracting foreign capitals. As a result, establishing an organized market known as currency derivative exchange can allow investors to plan and invest, assured of the currency fluctuations being covered.
- As capital market authorities believe, the market has been able to use the full capacity of its IT structure, stressing the necessity to develop IT solutions and the SEO’s connecting to the Business Registration Organization, which can facilitate and accelerate the bureaucratic procedures through an updated online system.
- Holding $8.26 mn in capital, Qadir Khodro Leasing Company has predicted to make a $0.01 EPS for the FY ending 21 December 2016, demonstrating 25% rise compared to the same period last year.
- Holding $825.99 mn in capital, Omid Investment Management Group has predicted to make a $0.01 EPS for the FY ending 20 January 2016, which shows a 26% decline compared to the same period last year.
- Owning $165.20 mn in capital, Pardis Petrochemical Company has recognized a $0.05 EPS for the FY ended 22 September 2015, which shows no significant difference from what had been made in the same period last year.
In the Market
Today, tickers in the Conglomerates and Computer sectors attracted investors’ attention, resulting in the improvement of the TEDPIX; however, investors’ behavior was still an indicator of their being concerned and overwhelmed.
Most symbols in the Computer sector ended in the green, facing buy queues. Iran Kish Credit Card Company has plans to raise its capital by 100% relying on its shareholders’ paid in capital and claims due; this capital raise will be spent on modifying its financial structure and purchasing POS system equipment. This firm will re-raise its capital in the following year in order to reach $55.07 mn.
Tickers in the Conglomerate sector could also attract investors, resulting in the all-share index improvement. Among symbols in this group, Qadir Investment Holding Company has announced its EPS for the FY ending 21 December 2015 to be a $0.01, holding 1,266.52 mn in capital. This estimated EPS is 12% lower than the previous year’s.
Finally, symbols in the Oil Products sector ended in the red, facing sell queues; however, Bandar Abbas Oil Refining Company faced price hike after facing heavy sell queues in the recent trading sessions. US dollar appreciation in the recent days could have exerted positive effect on the exporting companies’ profit margin, increasing their gains; however, the price drop in commodity and oil in global markets has resulted in the companies’ failure to do so. In fact, the oil price drop to less than $36 has faced many symbols with sell queues.
TSE at a Glance[caption id="attachment_5450" align="aligncenter" width="838"] TSE at a Glance[/caption]
Summary of Trades[caption id="attachment_5451" align="aligncenter" width="824"] Summary of Trades[/caption]
TSE Top 10 Stocks[caption id="attachment_5452" align="aligncenter" width="1161"] TSE Top 10 Stocks[/caption]
TSE Major Sectors’ Daily Performance[caption id="attachment_5453" align="aligncenter" width="577"] TSE Major Sectors’ Daily Performance[/caption]
Trading Halts and Reopenings[caption id="attachment_5454" align="aligncenter" width="888"] Trading Halts and Reopenings[/caption]
IFB at a Glance[caption id="attachment_5455" align="aligncenter" width="781"] IFB at a Glance[/caption]
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