Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tehran Stock Exchange Listed Companies Increased Their Earnings Forecast

Date 29/09/2008

Forecasted Net Earnings of TSE' listed companies reached to $11/4 Billions that have increased about $1 billion as compared with previous forecast two months ago.

The earnings forecast for the base metals sector at the top of 36 industries in the Tehran Stock Exchange reached to $3 Billion. The big companies in this sector include Mobarake Steel , Khorasan Steel , National Copper Industries , Iralco. Also, the market capitalization of this industry comes about $14,700 million.

According to the last report, the other biggest industries in term of earnings forecast are as following table:

Sector

The number of companies

Earnings forecast (million US Dollar)

Market Capitalization -End of Aug 2008 (Million US Dollar)

Motor Vehicles And Auto Parts 30 2,000 4,700

Diversified Industrials(Conglomerates)

4 830 5,500
Metal Ores Mining 8 825 6,600
Refined Petroleum Products 5 810 3,400
Cement, Lime & Gypsum 29 788 6,100
Chemicals & By-products 26 776 6,000