Exchanges in Iran’s capital market rose 7.8% y/y in June quarter
The Securities and Exchange Organization (SEO) of Iran says the value of exchanges in the capital market in the country rose by 7.8% in the three months to June 20 compared to the same period in 2023.
SEO figures published on Wednesday showed that exchanges carried out in four major stock markets in Iran, namely the Tehran Stock Exchange (TSE), Iran Fara Bourse (IFB), Iran Mercantile Exchange and Iran Energy Exchange, had been worth 55,000 trillion rials (nearly $95 billion) in the June quarter.
The most valuable stock market in Iran in the June quarter was Fara Bourse, a TSE subsidiary for exchange of securities and other financial instruments, where trade hit 46,000 trillion rials over the period, showed SEO figures cited in a report by the semi-official Tasnim news agency.
The average daily value of exchanges in the Iranian capital market was 3,000 trillion rials ($5.1 billion) in the three months to late June, up 25.7% from the same period last year, the data showed.
Average daily exchanges in the four Iranian stock markets were worth 1,170 trillion rials ($2.01 billion) in the calendar month of Khordad (May 21- June 20), up 14.3% compared to the same previous period, said the SEO.
$1=580,000 rials
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