1 in 5 TSE Firms Raised Cap This Year
Economy, Business And Markets

1 in 5 TSE Firms Raised Cap This Year

One-fifth of the companies listed on Tehran Stock Exchange raised equity this year.
One-hundred and four of the 506 companies listed on TSE have increased their capital during the first eight months of the current Iranian year (started March 20), according to Securities and Exchange Organization’s supervision executive, Gholamreza Abutorabi.
The companies have raised a total of 150 trillion rials ($3.86 billion at market exchange rate) during the period, SENA reported.
New money from shareholders made up 55% of the capital raised while the rest was funded from retained earnings or revaluation of assets. The total market cap of all listed companies on TSE is currently $87.8 billion.

Short URL : https://goo.gl/5Dxtn8
  1. https://goo.gl/XfX3zR
  • https://goo.gl/RwXs9S
  • https://goo.gl/DHE08Q
  • https://goo.gl/eEkj56
  • https://goo.gl/Gr0YXt

You can also read ...

FAO Forecasts Iran’s Cereal Output to Rise 12% in 2018
Despite autumn dryness, crop conditions recovered in Iran and...
Iran's Summer Box-Office Revenues Exceed $5 Million
Iran’s box-office revenues exceeded 610 billion rials ($5.19...
Hot Autumn for Tehran Stocks
Tehran stocks rose solidly on Sunday, recording another all...
Iran Housing Market Bracing for Double-Dip Recession: Aug-Sep 2018 Report
New data show property deals in Iran are on a downward...
Mobile Internet Services Get Costlier in Iran
Major mobile operators MTN-Irancell and Mobile...
Iran Agrifood Exports Rise 27% to Record High of $2.6 Billion
Around 2.94 million tons of agricultural and food products...
SCI Puts Iran's YOY Inflation at 25.7%
The goods and services Consumer Price Index for the month...
Iran's Trade With Italy Tops $590m
Iran traded 389,963 tons of non-oil commodities worth $594.82...

Add new comment

Read our comment policy before posting your viewpoints