Capital Market Falters

The capital market’s role in the economy declined in the first six months of the current fiscal year (March 21-Sept 22) as the bear market drags on.
Data released by the Securities and Exchange Organization show that the capital market contributed 2,382 trillion rials ($8.8 billion) in H1.
This was down 27% than the 3,270 trillion rials ($12b) in the corresponding period last year, Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) reported on its website using SEO data.