- According to officials, Iran has applied to rejoin the SWIFT interbank network on Sunday and the SWIFT Committee will examine the application within 2 weeks.
- As the Head of Iran Chamber of Commerce, Industries, Mines and Agriculture has said, 1,000 LCs were opened on the first day of JCPOA implementation.
- Acknowledging the uniqueness of the company’s engineering capabilities, IRI Shipping Lines Company’s CEO announced that they have plans to renovate their fleet and add to their vessels now in the post-sanctions era.
- Holding $4.43 mn in capital, Iran Darou Pharmaceutical Company has estimated to make $0.03 EPS for the FY ending 20 March 2016. The company has managed to cover 89% of its estimation over the Q3; it is so while it had covered 29% of its EPS over the same period last year.
- Keeping $48.69 mn in capital, Kermanshah Petrochemical Industries Company has made $0.01 EPS over the 9-month period ended 21 December 2015, which demonstrate a 59% decline compared to the amount made in the same period last year.
In the Market
Today, after five consecutive positive trading sessions mainly as the result of investors’ excitement around the implementation day, the TEDPIX fell in the correction territory. Tickers in the Banking sector followed a descending trend at the beginning of today’s trading session; but it became more balanced after a few hours. Bank Tejarat topped the sector in terms of the highest volume traded after trading 83.6 mn shares and Bank Dey was the only positive symbol which ended with a buy queue.
Most symbols in the Automotive sector were traded negatively. Pars Khodro Company experienced a 2% price drop and topped the sector after trading more than 91 mn shares. Saipa Company attracted investors’ attention and ended with a 6-million buy queue; it also experienced a 1% rise in its price. In addition, Zamyad Company ended with a 20-million buy queue after trading more than 51 mn shares.
Most symbols in the Metals sector witnessed a bearish trend and symbols such as Khorasan Steel Company faced sell queues. Esfahan Steel Company experienced a 3% drop and after trading more than 18 mn shares, topped the sector; however, Esfahan’s Mobarakeh Steel Company ended in the green.
Finally, a negative atmosphere dominated the Oil Products sector; however, the Oil Industry Investment Company witnessed the highest price growth and faced a buy queue at last minutes.
TSE at a Glance
Summary of Trades
TSE Top 10 Stocks
TSE Major Sectors’ Daily Performance
Trading Halts and Reopenings
IFB at a Glance
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