18747
IFX Inches Up
Economy, Business And Markets

IFX Inches Up

After a few days of rout at Iran Fara Bourse, the benchmark, IFX, slightly rebounded to 0.35 point or 0.05 percent to settle at 691.51. The IFB also recorded the highest trade volume in the week that ended June 10 with almost 533 million securities changing hands valued at $63.8 million. Bank Mehr Eghtesad with more than 465 million shares valued at $16.2 million registered the highest trade volume and value among all listed companies. The bank nearly capped its 5-percent volatility cap and recorded the highest price rise at IFB. More than 600,000 leasing bonds were also sold out at Fixed-Income Market. The highest trade volume among the exchange-traded funds was recorded for Etemad Fund.

Short URL : http://goo.gl/lTbjio

You can also read ...

CBI Moves to Sideline USD
As part of the latest measure to ditch the US dollar from the...
Effects of Sanctions on Food Consumption of the Poor
It is now clear that the purpose of US sanctions against Iran...
Sanctions, Banking Troubles Facing Iranians in Hong Kong
Banking for companies that do business with Iran–as well as...
Surcharge on Forex Rate Difference “Illegal”
The retrospective application of Clause Five of the government...
New Online System to Monitor Warehouses Countrywide
All warehouses in Iran are required to register in the so-...
Bank Loans Hit €18 Billion in 4 Months
Banks and credit institutions allocated a total of 1.67...
Sesame Oil, Products Imported From  6 Countries
More than 1.38 million tons of sesame oil and products worth $...
Gov’t to Build  2 New Towns
The Iranian government will commence the process of building...

Trending

Googleplus