87602
174 Firms Delisted From TSE, IFB Since 2002-3
174 Firms Delisted From TSE, IFB Since 2002-3
Sunday, June 03, 2018

174 Firms Delisted From TSE, IFB Since 2002-3

Sunday, June 03, 2018

174 Firms Delisted From TSE, IFB Since 2002-3

Iran’s two stock markets have seen the delisting of 174 companies since the fiscal 2002-3, according to Tehran Stock Exchange and Iran Fara Bourse data. The highest number of delisted shares came about in the fiscal 2008-9 when 73 companies were put off the list, including Razavi Food Products Company, Pakris Textile Company, Arj Company, Avangan Company, Yazdbaf Industries Group, Choco Pars Company and Jahan Vegetable Oil Company. Incurring losses close to bankruptcy, low floating shares and market capitalization, and limited trade volume were the main reasons behind the delistings, Bourse 24 reported.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/mrZQEY
06/03/2018
  1. https://goo.gl/GBMQbc
  • https://goo.gl/eZk1WP
  • https://goo.gl/1P27Jy
  • https://goo.gl/3UndKm
  • https://goo.gl/VNRtr5

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Add new comment

Trending

Googleplus