Largest TSE, IFB-Listed Firms Named

The Central Securities Depository of Iran has listed the largest companies in the Iranian equity market in terms of shareholders by March 20, 2017.

At Tehran Stock Exchange, the top three include Iran Industrial Development Investment Company with 240,657 shareholders, followed by Iran Khodro Group with 149,437 and Iran Zinc Mines Development Company with 125,092.

Noor Kosar Iranian Investment Company, Oil Industries Investment Company, SAIPA, Bank Ansar, Behshahr Industrial Development Company, Tose’e Melli Group Investment Company and Fars &Khuzestan Cement Company followed in descending order.

At Iran Fara Bourse, Kosar Finance & Credit Institution was the largest firm with 483,517 shareholders. Bank Sarmayeh with 302,673 shareholders and Bank Day with 181,075 followed respectively.

Bank Mehr Eghtesad, Ghavamin Bank, Kerman Development Investment Company, Iran Agriculture Investment Company, Bank Hekmat Iranian, Zanjan Petrochemical Industries Company and Golestan Petrochemical Company.

More than 9 million investors have trading codes in Iranian securities market. Major institutional investors at TSE include pension funds like Social Security Organization, as well as large banks and credit institutions.

Over 800 foreign investors, especially from Germany, the United Kingdom, Italy, Spain, the United States, Russia, Switzerland, Sweden, Luxembourg, New Zealand, Poland, the Netherlands, South Korea, Armenia, Malaysia, the UAE, Afghanistan, Uzbekistan, Azerbaijan, China, Lebanon, South Africa, Japan, Cyprus, Georgia, Turkey, Greece, Iraq, Norway, Indonesia, Maldives, Hong Kong, Pakistan, Syria and Kuwait, are trading in Iran’s equity markets.