Tehran Stock Exchange listed companies increased their Earnings forecast

Tehran Stock Exchange listed companies increased their Earnings forecast
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