Monthly Bulletin [email protected] Market Overview TSE Market
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TSE Market Summary Monthly Bulletin www.tse.ir [email protected] April 2014 Main Index Daily Trend Tehran Stock Exchange 1. TSE Dividend & Price Index Market Overview % Change 79000 2. TSE Free float Adjusted 78000 TEPIX (launched from April Index Apr.14 Mar.14 Dec-13 Mar.14 Dec-13 77000 2009 with the base of 10,000 TEDPIX[1] 78,164 78,741 87,452 -0.7 -10.62 76000 and has been displayed from First Market 58,251 58,535 66,191 -0.5 -12.00 75000 August) Second Market 149,386 151,229 161,617 -1.2 -7.57 74000 3. TEFIX 30 has been Financial Index 150,075 157,842 168,883 -4.9 -11.14 73000 launched in August 2010 as a Industrial Index 65,575 65,551 73,287 0.0 -10.52 blue chip index with the base 4/6/14 4/8/14 4/9/14 4/5/14 4/7/14 4/11/14 4/13/14 4/15/14 4/18/14 4/20/14 4/22/14 4/24/14 4/25/14 4/27/14 4/29/14 4/12/14 4/14/14 4/16/14 4/17/14 4/19/14 4/21/14 4/23/14 4/26/14 4/28/14 4/30/14 FFA TEPIX [2] 90,277 91,103 102,992 -0.9 -12.35 4/10/14 of 1000 TEFIX 30 [3] 3,719 3,734 4,203 -0.4 -11.52 4. Exchange rate: $ 1 = IRR Market Cap. (Mil $)[4] 148,238 150,902 172,888 -1.8 -14.26 Overview of Turnover 25,518 P/E 6.61 7.05 7.09 --- --- Month Shares (Mil) Turnover(Mil $) Daily Average (Mil $) Velocity 10 Top Market Cap. (Mil $) May-13 16,840 10,769 513 6.07 No. Name Market Cap. % of Total June 13 11,050 4,166 219 2.09 1 Khalij Fars 15,660 10.54 July13 22,877 4,923 224 4.45 2 Bandar Abbas Oil Refining Co. 6,764 4.55 Aug.13 15,995 2,564 128 2.21 3 Esfahan's Mobarakeh Steel Co. 6,174 4.16 Sep.13 10,882 1,867 89 1.45 4 Iran Telecommunications Co. 6,121 4.12 Oct.13 17,645 3,621 172 2.51 5 Tamin Petro 5,712 3.85 Nov.13 18,368 3,293 165 2.00 6 Ghadir Investment Co. 5,448 3.67 Dec.13 28,292 4,528 216 2.62 7 parsian Oil and Gas Development 5,133 3.46 Jan.14 17,127 3,010 150 1.84 8 Iran National Copper Industries Co. 4,447 2.99 Feb.14 9,174 1,597 84 1.01 9 Esfahan Oil Refining Co. 4,409 2.97 Mar.14 14,190 3,204 160 2.12 10 Iran Mobil Tele 4,258 2.87 Apr.14 22,687 3,377 161 2.28 10 Top Volume of trade 10 Top Value of Trade (Mil $) No. Name Turnover (mil) % of Total No. Name Turnover Value % of Total 1 Saderat Bank 1,096 4.83 1 Esfahan's Mobarakeh Steel Co. 139 8.22 2 Esfahan's Mobarakeh Steel Co. 849 3.74 2 Margarin Co. 137 8.09 3 Iran Khodro Industrial Group Co. 725 3.20 3 Gol-E-Gohar Iron Ore Co. 93 5.51 4 Parsian Bank 563 2.48 4Iran Power Plant Projects Managements Co.(MAPNA) 69 4.11 5 Iran Telecommunications Co. 382 1.68 5 Iran Khodro Industrial Group Co. 60 3.53 6 Saipa Co. 319 1.41 6 Bandar Abbas Oil Refining Co. 57 3.37 7 Margarin Co. 292 1.29 7 Parsian Bank 53 3.14 8 Pars Khodro Co. 253 1.12 8 Iran Telecommunications Co. 51 3.05 9 Bahman Group Co. 235 1.04 9 Pakshoo 51 3.04 10Iran Power Plant Projects Managements Co.(MAPNA) 233 1.03 10 Ghadir Investment Co. 48 2.85 1 TSE Market Summary Monthly Bulletin April 2014 Tehran Stock Exchange Trading Data/Sector (Mil $) No. Sector No. of Trade Trade Volume (Mil) Trade Value 1 Motor Vehicles And Auto Parts 235,116 2,721 208.41 Top 10 Sectors by Market Cap. 2 Chemicals & By-products 157,214 591 205.87 3 Basic Metals 54,931 1,199 192.64 4 Monetary intermediation 147,370 2,416 174.55 8 5 Food Products and Beverages except sugar 33,950 436 161.20 9 10 6 Metal Ores Mining 22,479 305 113.69 7 1 7 Diversified Industrials (Holdings) 30,733 312 75.32 8 Refined Petroleum Products & Nuclear Fuel 62,545 188 73.63 6 9 Post and telecommunications 35,837 393 72.20 10 Technical & Engineering Services 38,722 234 69.98 11 Investment Companies 60,652 704 49.66 5 12 Cement, Lime & plaster 37,717 258 46.11 2 13 Pharmaceuticals 44,534 140 45.61 14 Computer & Related Activities 22,568 157 38.64 4 15 Real Estate And Construction 38,045 307 33.07 3 16 Electric Machinery & Apparatus 23,894 159 19.20 17 Other Non-metallic Mineral Products 21,423 56 17.35 18 Machinery & Equipment 23,828 131 16.18 19 Fabricated Metal Products except Machinery & Equipments 16,262 105 12.71 20 Sugar & Byproducts 18,272 63 12.45 21 Financial leasing 16,794 165 10.43 22 Transportation and Storage 11,400 62 8.57 23 Rubber & Plastic Products 9,681 60 8.07 Industry % 24 Insurance & Pension funding Except Compulsory Social Security 13,088 115 7.08 1 Chemicals & By-products 24.30 25 Oil and Gas Extraction and Related Services Except Surveying 3,985 29 7.07 2 Monetary intermediation 11.95 26 Medical, Precision & Optical Instruments 5,345 9 4.01 3 Basic Metals 11.29 27 Ceramic & Tiles 3,040 11 1.51 4 Refined Petroleum Products & Nuclear Fuel 9.66 28 Other Mining 1,667 5 1.21 5 Diversified Industrials (Holdings) 8.28 29 #N/A 1,280 3 0.58 6 Metal Ores Mining 7.24 30 Paper & By-products 852 3 0.54 7 Post and telecommunications 7.00 31 Wood & By-products 1,142 3 0.52 8 Cement, Lime & plaster 2.66 32 Agriculture 448 0 0.29 9 Pharmaceuticals 2.58 33 Radio, TV & Communication Equipment 307 1 0.19 10 Motor Vehicles And Auto Parts 2.57 34 Tanning and Dressing of Leather 74 0 0.05 35 Textiles 38 0 0.02 36 Publishing, Printing & Reproduction of Media 7 0 0.00 Total 2,390,480 22,687 3,377 37 0 38 0 2 TSE Market Summary Monthly Bulletin April 2014 Tehran Stock Exchange Market Capitalization / Sector Market Cap (Mil USD) Change (%) No. Sector % of total MC Apr.14 Mar.14 Dec-13 Mar.14 Dec-13 1 Chemicals & By-products 36,016 36,238 40,004 -0.61 -9.97 24.30 Market Capitalization Trend 2 Monetary intermediation 17,720 18,857 20,262 -6.03 -12.54 11.95 3 Basic Metals 16,743 16,536 21,261 1.25 -21.25 11.29 210000.0 4 Refined Petroleum Products & Nuclear Fuel 14,318 14,886 16,455 -3.81 -12.98 9.66 190000.0 5 Diversified Industrials (Holdings) 12,275 11,518 13,356 6.57 -8.10 8.28 170000.0 6 Metal Ores Mining 10,726 10,786 13,354 -0.55 -19.68 7.24 150000.0 7 Post and telecommunications 10,379 11,258 10,983 -7.80 -5.50 7.00 130000.0 8 Cement, Lime & plaster 3,944 3,997 4,629 -1.32 -14.80 2.66 110000.0 Million Million US $ 9 Pharmaceuticals 3,818 4,028 3,668 -5.21 4.08 2.58 90000.0 10 Motor Vehicles And Auto Parts 3,803 3,810 4,649 -0.20 -18.20 2.57 70000.0 50000.0 11 Investment Companies 3,381 3,428 3,995 -1.37 -15.36 2.28 30000.0 12 Technical & Engineering Services 3,307 3,280 4,875 0.81 -32.16 2.23 13 Transportation and Storage 2,017 1,855 2,885 8.70 -30.09 1.36 14 Computer & Related Activities 1,727 1,807 1,624 -4.44 6.30 1.16 15 Food Products and Beverages except sugar 1,599 1,655 2,156 -3.35 -25.84 1.08 16 Real Estate And Construction 992 1,079 1,590 -7.98 -37.58 0.67 17 Electric Machinery & Apparatus 759 786 911 -3.37 -16.68 0.51 Insurance18 & Pension funding Except Compulsory Social Security 726 742 979 -2.18 -25.90 0.49 19Oil and Gas Extraction and Related Services Except Surveying 606 794 822 -23.64 -26.22 0.41 First & Second Market Indexes Comparison 20 Machinery & Equipment 521 520 648 0.19 -19.59 0.35 1st. First Market Second Market 2nd. 21Fabricated Metal Products except Machinery & Equipments 479 521 646 -8.05 -25.94 0.32 68,000 152,000 22 Rubber & Plastic Products 469 459 571 2.10 -17.91 0.32 150,000 23 Other Non-metallic Mineral Products 465 533 742 -12.69 -37.32 0.31 66,000 24 Sugar & Byproducts 398 423 507 -5.85 -21.51 0.27 148,000 64,000 25 Ceramic & Tiles 395 413 516 -4.40 -23.45 0.27 146,000 26 Financial leasing 285 290 310 -1.79 -8.01 0.19 62,000 144,000 27 Medical, Precision & Optical Instruments 81 104 136 -22.03 -40.25 0.05 142,000 28 Paper & By-products 59 63 80 -6.37 -26.43 0.04 60,000 Tanning and Dressing of Leather 50 47 34 0.03 140,000 29 4.76 44.70 58,000 30 Textiles 48 50 44 -3.79 10.59 0.03 138,000 Radio, TV & Communication Equipment 56,000 31 45 48 78 -5.76 -42.33 0.03 136,000 32 Agriculture 37 38 48 -3.54 -23.86 0.02 54,000 134,000 33 Publishing, Printing & Reproduction of Media 19 22 23 -11.91 -17.06 0.01 34 Coal & Lignite Mining 15 15 19 0.13 -21.36 0.01 35 Wood & By-products 8 10 17 -19.10 -51.52 0.01 36 Other Mining 8 8 11 -1.98 -27.78 0.01 Total 148238.13 150901.87 172888.31 3 TSE Market Summary Monthly Bulletin April 2014 1500 Daily Trading Volume versus TEDPIX 80,000 Tehran Stock Exchange 78,000 1000 Futures Market 76,000 Traded Contracts Open Interest Notional Value (USD) 74,000 500 Apr.14 Mar.14 Δ% Apr.14 Mar.14 Δ% Apr.14 Mar.14 Δ% 72,000 0 1 --- 11 20 --- 0 1960.19 --- 0 70,000 Trading Volume (mil) TEDPIX FFA TEFIX 30 Option Market Embedded Put Option FFA Versus TEDFIX 30 107000 3,800 No.