Economy, Auto

IKCO Launches Stock Monitoring Application

IKCO Launches Stock Monitoring ApplicationIKCO Launches Stock Monitoring Application

Iran largest automaker Iran Khodro has launched an application to ease the shareholders’ work in observing their stocks and the latest changes in their value. Investors can use the app to receive data on the number of shares, the status of transfers and prices. Moreover, they can revise and register their addresses and bank account numbers. IKCO claims it is the first automotive company listed on Iran’s stock exchange market to have designed such an app. The program is available for Android and iOS. Shareowners can download the app from or local iOS app store Sib App. By the time this article was published, major Iranian Android market Cafe Bazaar had not had the app in its store. The program has been downloaded 837 times from Sib App.  Stock owners can use their National Identification Number to insert their accounts. By introducing the app, IKCO intends to reduce the number of visitors to the stock department, modernize the process and cut expenses.


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