Fara Bourse to List IME
Fara Bourse to List IME

Iran Fara Bourse to List IME

Iran Fara Bourse to List IME

Iran Fara Bourse will list Iran Mercantile Exchange on its primary board. IME’s request was approved, but not before the exchange doubled its capital to 900 billion rials ($24.4 million at market exchange rate), which took place in mid July, Security and Exchange News Agency reported. IME, founded in 2006, trades in agricultural, industrial and petrochemical products in the spot and futures markets. The market added gold certificates of deposit to its arsenal this year, complementing its gold coin futures trading. The precise day for the exchange’s listing on the IFB has not been announced. The over-the-counter market emulating NASDAQ, IFB, is Iran’s second largest equity market in size, with a $13.7 billion market cap.

Short URL : https://goo.gl/QLcOJB
  1. https://goo.gl/Fv8W8f
  • https://goo.gl/yGKSBd
  • https://goo.gl/I9KDCC
  • https://goo.gl/suJpCJ
  • https://goo.gl/C5SXmr

You can also read ...

Mental Health Investment: The Economic Case
The link between mental health and economic productivity is...
Bloom and billet sales made up the lion’s share of KSC’s sales.
Iran’s largest steel exporter Khouzestan Steel Company...
IZMDC’s Zinc Output Tops 8,000 tons
Iran Zinc Mines Development Company’s subsidiaries produced a...
Carmakers Pile Into Europe Scrappage Offers
Renault-Nissan and Kia are the latest car companies to launch...
Banks will now draft a single set of balance sheets that adhere to CBI’s IFRS-based templates.
Minister of Economic Affairs and Finance Masoud Karbasian and...
Ikarus buses were popular in Iran during 1990s.
Hungarian bus manufacturer Ikarus is set to re-enter Iran...
Plan to Make Home Loans More Affordable
The administration of President Hassan Rouhani is mulling new...
IRICA Chief  in Turkey
Foroud Asgari, the new head of the Islamic Republic of Iran...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.