Iran Equity Markets’ Largest Companies

The Central Securities Depository of Iran has announced the Iranian equity markets’ largest companies in terms of the number of shareholders by January 19. At Tehran Stock Exchange, the top three include Iran Industrial Development Investment Company with 240,813 shareholders, followed by Iran Khodro Group with 150,284 and Iran Zinc Mines Development Company with 125,303, SENA reported. Noor Kosar Iranian Investment Company, Oil Industries Investment Company, SAIPA, Bank Ansar, Behshahr Industrial Development Company, Tose’e Melli Group Investment Company and Fars and Khuzestan Cement Company followed in a descending order. At Iran Fara Bourse, Kosar Finance & Credit Institution was the largest entity with 483,892 shareholders. Bank Sarmayeh with 302,609 shareholders and Bank Day with 181,068 followed respectively. Bank Mehr Eghtesad, Bank Ghavamin, Kerman Development Investment Company, Iran Agriculture Investment Company, Bank Hekmat Iranian, Zanjan Petrochemical Industries Company and Golestan Petrochemical Company came next in a descending order.