inter@agah.com | (+98)21-82154469 & (+98)21-82154470 (Saturday to Wednesday, 8:00-17:00 IRST)
  • Home
  • Market Data
    • Fact Sheets
    • News & Reports
    • Debt Market
  • Blog
  • Brokerage
    • Trading License Application
  • Asset Management
  • Advisory
  • Investment Banking
  • Alternative Investment
  • FAQ
  • Home
  • Market Data
    • Fact Sheets
    • News & Reports
    • Debt Market
  • Blog
  • Brokerage
    • Trading License Application
  • Asset Management
  • Advisory
  • Investment Banking
  • Alternative Investment
  • FAQ

Blog

Home/News & Reports/The necessity of single exchange rate – Daily Market News
Daily, Market, News, 14 Apr 2015, Iran, TSE, IFB

The necessity of single exchange rate – Daily Market News

By Negar MoshirFatemi: 14 April 2015in News & Reports No Comments

“It’s expected that the exchange prices turn to a single exchange rate in the Petrochemical Industry soon “The CEO of the National Petrochemical Co. said. Existence of two official and free float exchange rates has made so many problems for this industry. He mentioned that some of the petrochemical complexes have no willingness for selling their products to other domestic companies with official exchange rate since they are able to export with higher free rates.  However, during the meeting between Seyf, the chief of central bank of Iran, and PMs ; last night, some issues of the exchange market were discussed in order to support the domestic producers, and Seyf clarified that   “at this moment with regard to the nation’s economic situation, having a single exchange rate is not possible”.

Glass & Gas Co. released its 3Q2014 report and FY2015 forecasted budget. The 2015 EPS has been increased by 14 percent compared with last year. In FY2015 budget the financial costs decreased compared with last year. In 9 months period the company covered 76 percent of its forecasted EPS for FY2014 which was estimated 581IRR. Based on company’s board announcement, 551 IRR is considered as 2014 cash dividend.


TSE at Glance

 

Iran, Exchange Market, TSE, Iran Market Cap, Iran Market Value, Iran Traded Value, Number of Trades, TSE index, TSE value Index, TSE industry index, TSE free float index

TSE at Glance

 Iran, Exchange Market, TSE, Sectors in TSE, best performing sectors, Iran Market Value, Iran Traded Value, Number of Trades, TSE index, TSE value Index, TSE industry index, TSE free float index, Type of Trade, Retail , Block, TSE Highest value, TSE Highest Volume

Trades’ Summary


IFB at Glance

Iran, Exchange Market, IFB, Iran Farabourse, Iran IFB Value, Iran IFB volume, Iran IFB market cap, Iran IFB companies, Iran IFB changes, IFB number of Trades

IFB at Glance


Trading Halts & Delays

Iran Capital Market, Halted Stocks, Trading halts, TSE, IFB, Annual General Meeting, Extraordinary General Meeting, Announcing Forecasted EPS, Adjusting Forecasted EPS, capital raising, board members, reopening trades

Trading Halts & Delays

 


Codal Release

Codal, database of all listed companies, TSE, IFB, Forecasted EPS, Last year realized profit (IRR), EPS annual growth, Mid-term financial statement reports, Realized profit same period last year , Realized profit over the period, IRR, Annual Growth, Forecasted EPS based on midterm performance

Codal Release

 


Market Overview

The market correction was expected and almost all the sector experienced 8 to 10 percent decline. For now more stable price are anticipated. If the neutral trend continues for a period of time then a new wave can be started.

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. 

 

To contact the reporters: Negar Moshirfatemi at fatemi@agahmail.com

Share this article
0
0
0
Tags: Agah Brokerage Firm, Central Bank of Iran, Codal, exchange rate, Glass & Gas Co., IFB, Iran, market overview, National Petrochemical Co., Petrochemical, SEO, TSE

Written by Negar MoshirFatemi

International Affairs Expert

previous article

The need of transparency in TSE – Daily Market News

next article

Price increase request for cement – Daily Market News

Leave a Comment

Cancel reply

Categories

  • Blog
  • News & Reports

Useful Tags

Agah Brokerage Firm Agah Group Automotive Sector banking banking sector budget Chadormalu Mining and Industrial Company Codal Codal release construction Cultural Heritage Investment Group Daily Daily Market News EPS forecasted IFB inflation interest rate Iran Iran's economy Iran capital market Iran Economy Iran Fara Bourse Iran’s capital market Market Market Cap market overview Mellat Bank Mobin Petrochemical Co. News next year nuclear deal Nuclear Framework Agreement Petrochemical price to earning ratio Saderat Bank SEO Sina Chemical Industries Company Tehran Stock Exchange Trading Halts Trading Reopenings TSE TSE index value of trades volume of trades

Recent Posts

  • FATF goes easy on Iran in the upcoming report! – Daily Market News February 19, 2019
  • US exemptions on Iran Oil Exports may shrink! – Daily Market News February 17, 2019
  • Iran Fara Bourse ready to carry out the first ITO in a regulatory sandbox! – Daily Market News February 13, 2019
  • Iran Central Bank reduces interest rates! – Daily Market News February 12, 2019
  • Iranian Banks to impose tax on deposits interest! – Daily Market News February 10, 2019

Latest Comments

  • Switzerland is to dedicate a financial line to Iran humanitarian imports! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on Switzerland is to dedicate a financial line to Iran humanitarian imports! – Daily Market News
  • Money Supply figure reaches new highs in Iran Economy! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on Money Supply figure reaches new highs in Iran Economy! – Daily Market News
  • Iran Banking Sector needs almost 50% of GDP to revive! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on Iran Banking Sector needs almost 50% of GDP to revive! – Daily Market News
  • France to host, Germany to manage Iran dedicated SPV! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on France to host, Germany to manage Iran dedicated SPV! – Daily Market News

Contact Us

  • Agah Building, NO. 13, Pirooz St. Africa Ave, Tehran, IRAN
  • Tel: (+98) 21-82154469 and (+98) 21-82154470 (Saturday to Wednesday) | Fax: (+98)21-82154250
  • inter@agah.com
  • Persian
  • Persian Facebook Fan Page

Site Map

  • Home
  • Brokerage
  • Asset Management
  • Advisory
  • Investment Banking
  • Alternative Investment
  • FAQ
  • Newsletter

Partner in Research

  • Invest Direct

Customer Club

Bashgah.com

Copyright © 2015, Agah Group, All Rights Reserved.