The economy minister said the relevant administrative bodies have agreed to do all that is needed to support the struggling stock market.
The ministries of industry and oil along with the Central Bank of Iran have pledged to build closer collaboration “to restore trust” of stock market investors, IRNA quoted Ehsan Khandouzi as saying.
With share prices declining rap and the anxiety of retail investors at all-time high, Khandouzi met stock market officials, managers of investment banks and CEOs of the top 30 listed companies to find ways out of the worsening crisis.
After the meeting he said participants emphasized “the need for paving the way to improve transparency in the stock market”.
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