Iran’s over the counter market grows by 3%

Business Materials 31 July 2016 14:03 (UTC +04:00)

Baku, Azerbaijan, July 31

By Khalid Kazimov – Trend:

Main index of Iran Fara Bourse (IFB), the country’s over the counter market, grow by 12 points or 3 percent in the last trading week of July reaching 799.9.

According to its website, over 5.2 billion securities valued at $252.2 million were traded in 110,000 transactions at IFB during the trading week that ended July 27.

In the meantime, its market cap increased by $214 million or 0.8% to reach $26.8 billion by the end of the trading week.

This is while 179 million securities valued at $10.2 million were traded at IFB’s second market indicating five percent growth in the value.