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Currently, a total of 461 types of securities are being traded on Iran’s capital market, 390 of which are shares in companies and investment funds.
Currently, a total of 461 types of securities are being traded on Iran’s capital market, 390 of which are shares in companies and investment funds.
Sunday, May 06, 2018

Stocks at Rock-Bottom Prices, Yet No Buyers

The cheap shares can be great buy targets, as they seem unlikely to dip lower than this but are potent enough to grow
Fifty-seven stock tickers are being traded at less than 1,000 rials ($0.02) per share
Sunday, May 06, 2018

Stocks at Rock-Bottom Prices, Yet No Buyers

Most share prices have dropped to record lows, but fears of US sanctions snapping back and a discontent with foreign exchange rates seem to keep traders rooted in place.
Currently, a total of 461 types of securities are being traded on Iran's capital market, 390 of which are shares in companies and investment funds.
Out of the 390, 41 shares have a share value higher than 10,000 rials ($0.23 per share), such as Khash Cement Company and Pegah Golpayegan Dairy Company, and 46 are priced between 5,000-10,000 rials ($0.11-$0.23).
Furthermore, 60 companies' shares are being traded between 1,000-1,500 rials ($0.02-$0.03) each, including Shahrood Cement Company, Shahed Investment Co and Bank Eghtesad Novin,
But it's at the very bottom of the chart that things get interesting, as 57 stock tickers are being traded at less than 1,000 rials ($0.02) per share. Not to mention a good number of them are so cheap because they're swimming in red ink. However, some of these companies, however, are actually posting profits, such as Bank Mellat, Bank Hekmat, Shomal Cement Company, Darab Cement Company, and Behshar Industries Group Investment Company.

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05/06/2018
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