More Companies See Opportunity in Bourse

The CEO of Securities and Exchange Organization says 140 companies are in the listing process to join the Tehran Stock Exchange and Iran Fara Bourse, the junior equity market. 
Hassan Qalibaf-Asl said efforts are underway to ease the listing process. Ninety companies are doing the paperwork to get listed on the IFB while 50 want to be listed with the TSE, IRNA quoted him as saying. 
The government has eased the listing process in line with the declared aim to expand the bourse and strengthen the supply side to accommodate the ballooning liquidity flowing into the market.