Green Exchange Awaits Reopening of Red Symbol; Queues Form for Esteghlal and Persepolis!

Esteghlal shares hit the permitted price ceiling in today's trading, while the Persepolis symbol remains closed.

According to "Varzeh Se", the capital's magentas had a different situation on the trading board on the green day of the capital market. In trading on Tuesday, October 21st, Esteghlal's share in the basic market of Orange over-the-counter reached the price of 1,603 Rials, equivalent to 160.3 Tomans, with an increase of 1.97%. The last price and the closing price of this share were recorded the same so that Esteghlal went through another day with an increase in price.

In the reviewed table, about two million and 48 thousand shares of Esteghlal were traded in 103 transactions and the value of the transactions reached about 328 million tomans. On the demand side, nearly 17 million shares of purchase orders were registered at the price of 1,603 Rials, without any supply against it being seen in the first row of orders. In this way, Esteghlal had a queue to buy at the daily price limit.

Of course, the increase in the price of Esteghlal was not accompanied by an increase in the volume of transactions. The trading volume of this share was about three million and 911 thousand shares on the previous day, which reached about two million and 48 thousand shares today. The comparison of these figures shows an approximate decrease of 47.6% in the volume of transactions.

Today's growth of Esteghlal is the continuation of the path that this stock has taken since the beginning of Mehr. Trading history shows 13 consecutive positive sessions from the 5th to the 20th of Mehr. The closing price of the share reached 1,603 rials from 1,283 rials before this period, which means an increase of about 24.9%. The current price is also the ceiling of the 52-week period listed on the Tindex board.

On the other hand, the symbol of Persepolis is still closed in the yellow base market of the exchange and no transaction has been registered for today. The last trading day included in the history of this share is 28 September. On that day, the last transaction was made at the price of 174 Tomans and the price reached 177.1 Tomans. Therefore, the current prices displayed for Persepolis belong to previous transactions.

On the last day of trading, Persepolis traded around 6,506,000 shares and the value of its transactions reached 1.152 billion tomans. The closing price of that day also increased by 0.63% compared to the previous session. This is the last recorded movement of the stock before the current trading halt.

In the observer's message related to the suspension due to the disclosure of important information of group "B", the reopening of the maximum two working days after the suspension, with the announcement of the market management and through a continuous auction with a limit of the fluctuation range, is foreseen. This deadline is related to the date of the suspension of the same notification, and to announce the current reopening day, a new message from the management of the base market must be placed.

The Magpies entered the capital market for the first time in the subscription of 15 March 1400 with different prices. The price of each share of Esteghlal in that subscription was 291 Tomans and Persepolis was 338.7 Tomans. The current nominal price of Esteghlal and the last registered price of Persepolis are still lower than those figures, although the calculation of shareholder returns requires taking into account capital increases and other changes in shares.