Business And Markets

Stocks a High Rewarding Investment in Iran

Stocks a High Rewarding Investment in IranStocks a High Rewarding Investment in Iran

The total value of trade in Iran’s stock market registered a year-on-year growth of 118.5% during the first eight months of the current fiscal year, yielding the highest return compared to other preferred markets. 
A study by the Tehran Chamber of Commerce, Industries, Mining and Agriculture says the value of equities traded on the stock market reached 574.2 points during the eight months to November 21, significantly higher than previous year's 262.8 points. This puts TSE above the safe haven currency, gold coin and real estate markets, in terms of the growth in returns. 
The number of traded shares also increased by 87%, from 201 points in the previous year to 376.9 points in the year. TCCIM released the data as per the base figure of 100 points in fiscal 2016-17.


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