Business And Markets

IFB Posts Growth

IFB Posts Growth
IFB Posts Growth

Iran Fara Bourse (IFB) ended the second month of the Iranian calendar year (April 20-May 21) with substantial growth in trade, market share and overall performance.
According to the IFB public relations office, in the 19 trading days of the month, 226 billion shares were traded worth   1,433 trillion rials ($28.1 billion), posting 25% growth from the same period last year. 
The average daily trading volume reached 11.9 billion shares, valued at over 754 trillion rials ($1.47 billion). 
The First Market logged trade of more than 464 trillion rials ($909 million), indicating 52% growth on the same period in the previous year. Similarly, the Second Market recorded transactions worth 330 trillion rials ($640 million) – a whopping 64% increase.


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