Reporting "Asre Bazar", The book, the sole English-language guide to foreign investment in Iran’s capital market, was introduced during a ceremony held last week in Tehran on the sidelines of the 9th international exhibition of exchange, bank and insurance.
A number of top capital market officials including Dr. Mohammad Fetanat, head of the Securities and Exchange Organization, Ali Sanginian, CEO of Amin Investment Bank, Ali Norouzi, and CEO of Noavaran Amin Data Processing Company attended the ceremony.
“The publication of the handbook is a big step forward as foreigners have now access to transparent data on the Iranian capital market,” Dr. Fetanat said, addressing the ceremony.
Iran’s capital market used to sufferer from the lack of reliable information, the SEO’s chief noted, expressing hope that such guides can address this problems to large extents.
“Primary data is vital for a newcomer who wants to approach the Iranian capital market, and this is our duty to provide those data for them,” Dr. Fetanat said.
The handbook, which is the first of its kind in Iran, includes financial data of 390 companies listed in the two equity markets of the Tehran Stock Exchange and Iran Fara Bourse.
The guide offers financial data such as profitability trend, market ratios, anticipated profit and key financial statements of each company as well as a comparison between the company’s data with those of the industry in which the company operates.
The book also lists all financial entities operating under the SEO, which includes brokerage firms, funds, investment banks, etc.
Meanwhile, a chapter has been dedicated to how a foreigner can invest in the Iranian capital market.