Azerbaijan, Baku, 23 May/Trend/
As many as 324 participant companies on the Iranian Exchange Market have increased forecast share of profits by $57 million this month of Solar year compared to previous month's forecasts.
The forecast profits increased to $13.4 billion by the end of solar year, Iran Securities and Exchange News Agency Sena.ir reported on Monday.
The volume of Iran's capital market transaction was estimated at $40 billion in last solar year.
Iran 's Stock Exchange indicators grew significantly last solar - the index nearly doubled to 26,675 units.
The enormous growth in the exchange market brings concerns over possible bubble on the market. However, government rejects concerns over stock market saying it indicate constant economy.
Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.