Business And Markets

Capital Market Value Rises 33%

Chemical product companies accounted for 24% of the market value with capitalization at 21,964 trillion rials ($43.9 billion)
Capital Market Value Rises 33%
Capital Market Value Rises 33%

The total value of Iran's capital market reached 90,833 trillion rials ($181.6 billion) by the end of the last fiscal year on March 20, 2023.
It was 71,863 trillion rials ($143 billion) a month earlier, indicating that the cap grew 26% in one month, the Securities and Exchange Organization (SEO) reported. 
Compared to the same month in the previous year, the cap shows a whopping 33.1% growth, the SEO said. 
Market cap is the market value of a publicly traded company's outstanding shares. It is calculated by multiplying the number of shares outstanding by the current market price of one share.


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