Iran’s OTC sees 17% growth in trades
Baku, Azerbaijan, Feb. 5
By Khalid Kazimov – Trend:
Iran’s over-the-counter market (OTC), Farabourse, has witnessed 17 percent growth in the value of the trades over the current fiscal year (ending March 20).
Amir Hamouni, the head of Farabourse, has said that the value of the trades in the market reached $10.625 billion over the current year, Ibena (Iranian banks and economy news agency) reported.
The market saw worth of $9 billion of trades over the last year in the Iranian over-the-counter market.
According to the official, petrochemical industries alongside with base metals, refineries, power plants, as well as banks rank as the top industries in the market in the terms of the number of shares.