Central Bank of Iran (CBI) and the Securities and Exchange Organization (SEO) have agreed to form a joint committee to coordinate policies and decisions in the money and capital markets, the CBI Office of Public Relations announced on Monday.
A capital market analyst says trades in the Iranian stock market will be much better and more reasonable in the second half of the current Iranian calendar year (started on March 21) compared to the first half of the year.
Head of Iran’s Securities and Exchange Organization (SEO) says currently about 14 percent of people in the country are involved in the stock market trade, as investment in the stock market in a span of three to five years is more profitable than investment in the gold and forex markets.
ran’s agricultural sector has traditionally been used to raising funds through the country’s banking system, especially the Agriculture Bank of Iran (74 percent).
TEHRAN – The 11th International Forum on Islamic Capital Markets kicked off in Tehran yesterday with high-ranking officials of capital markets from Iran and some Islamic countries in presence.
Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 3,058.12 points or 1.97% on Saturday to end trading at 158,119.2. About 4.16 billion shares valued at $120.88 million changed hands at TSE for the day. The index added 3,000 points to reach 158,000. On the same day, IFX, the main index of Iran’s over-the-counter (OTC) market, […]