Growing Influence of Iran’s Capital Market

Approximately 1,045.4 trillion rials ($4.75 billion) were made available to companies via Iran’s capital market in the first quarter of the current fiscal year (March 20-June 20). 
Market contribution to fund listed companies grew 4.6 times, or 360%, compared to Q1 last year when the share of capital market finance was 228 trillion rials, the Tehran Chamber of Commerce, Industries and Mines reported. 
It said there were two types of financing, namely equity financing and debt financing with the former in dominant position. 
The share of equity financing rose from 90 trillion rials ($409 million) in the first quarter of fiscal 2019-20 to 851.9 trillion rials ($3.87b), up 846% year-on-year.