With the fiscal year drawing to a close the stock market regulator has expedited its listing process giving a nod to two new companies to hold IPO on Wednesday.
IPOs were put on hold for weeks due to steep volatility in share market. The last listing in late February was not welcomed by investors.
Companies making debut on Wednesday included an investment firm listed at Tehran Stock Exchange and a company active in rail transport. The latter was hosted by Iran Fara Bourse, the junior equity market.
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