The Central Securities Depository of Iran announced the largest companies listed on TSE and IFB in terms of the number of their shareholders. As the result, Iran Industrial Development Investment Company was crowned as the largest company listed on TSE by 241,760 shareholders while the second and third places went to Iran Khodro Company and Iran’s Zinc Mines Development Company by 141,520 and 127,272 shareholders, respectively. According to this report, Bank Sarmaye has also been introduced as the largest company listed on IFB having 303,813 shareholders and Bank Mehr Eqtesad and Bank Day were placed as the second and third by having 179,002 and 174,949 shareholders, respectively.
- Cultural Heritage Investment Group has plans to raise its capital by 150% based on its claims due and investors’ paid-in capital.
- Sina Chemical Industries Company has plans to raise its capital from $0.84 mn to $1.69 mn relying on its claims due and shareholders’ capital aiming at financing its projects, development and renovation.
In the Market
Negative trades were seen in the Banking sector, although Bank Parsian kept its buy queue. Bank Day also attracted investors’ attention due to rumors on the disposal of a power plant and Bank Ansar ended in the green, too. Besides, after trading more than 90 mn shares, Bank Saderat topped the sector in terms of the highest volume traded, which was mainly done by the institutional investors.
Nearly half the tickers in the Pharmaceutical sector ended in the green. Tamin Pharmaceutical Investment Company topped the group in terms of the highest volume traded after trading more than 5.5 m shares; more than 80% of this volume was traded by the institutional investors. Taking the healthy financial reports in this sector and the government’s priority to export development into account, a bright future can be imagined for this sector.
Most symbols in the Automotive sector were traded positively. Despite starting in the red, Iran Khodro Company ended in the green. Iran Khodro Diesel Company experienced 2% growth and after trading 175 mn shares, it ended with a 19-mn share buy queue. Besides, after trading more than 134 mn shares, Pars Khodro Company witnessed a 2% price hike.
Finally, a positive trend was seen among most symbols in the Metals sector such that symbols, including Esfahan’s Mobarake Steel Company and Esfahan Steel Company faced buy queues. Esfahan’s Mobarake Steel Company topped the sector in terms of the highest volume traded after trading more than 247 mn shares and it ended with a 8-mn share buy queue; it also exerted the most positive impact on the TEDPIX. Besides, Esfahan Steel Company ended with a 42 mn share buy queue after trading more than 10 mn shares. However, Khorasan Steel Company and Sepahan Steel Company were negatively traded and ended with sell queues.
TSE at a Glance
Summary of Trades
TSE’s Top 10 Stocks
TSE Major Sectors’ Daily Performance
Trading Halts and Reopenings
IFB at a Glance
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