TEHRAN, Iran, Jan.6
Trend:
Iran's stock market had 110 percent growth in current Iranian year (began March.21, 2019), while the Securities and Exchange Organization seeks to increase production and market's stability, said Minister of Economic Affairs and Finance.
"The High Council of the Securities and Exchange Organization (SEO) insists on the implementation of legal actions related to the investment of the National Development Fund in Iran's Capital Market Stabilization Fund," Farhad Dejpasand said, Trend reports citing IRNA.
"If required, the Capital Market Stabilization Fund will support the capital market investors, while legal players of market will also support the daily trading," the minister noted.
The High Council of the Securities and Exchange Organization held an urgent meeting on Jan. 4 after assassination of General Soliemani.
The Council members insisted daily trading in Iran's capital market will not be stopped, and the capital market's various sectors shall continue their daily activities.
On Jan. 3, Major General Qassem Soleimani, the head of Iran's Islamic Revolutionary Guard Corps (IRGC) - Quds Force, and Iraqi militia commander Abu Mahdi al-Muhandis were killed as a result of air strikes at Baghdad Airport. The Pentagon claimed responsibility for the assassination of the Iranian general.