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Iranian bourse companies increase capital by 66%

Business Materials 25 November 2014 14:24 (UTC +04:00)

Baku, Azerbaijan, Nov.25

By Fatih Karimov - Trend: The total capital of 110 companies which are enlisted in the Tehran Stock Market has increased by 66 percent between March 21 (the beginning of the current Iranian year) and November 21.

The total capital of the companies is currently about $6.5 billion, a 66 percent rise compared to the same period in the previous year, Iran's Shana news agency reported Nov. 24.

Petrochemical companies accounted for 23 percent of the capital increase, followed by mining and financial companies.

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