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Iran’s over the counter market down by 3% on August 1

Business Materials 1 August 2016 18:28 (UTC +04:00)

Baku, Azerbaijan, Aug 1

By Khalid Kazimov – Trend:

Main index of Iran Fara Bourse (IFB), the country’s over the counter market, fell by 1.84 points or 0.23 percent reaching 799.71 on Monday.

According to its website, over 354.2 million securities valued at 1.5 trillion rials ($48.4 million, according to Aug. 1 official rate) were traded in 19,252 transactions at IFB during the trading day on August 1.

Pars Paper Industrial Group saw the highest number of traded shares, as more than 12.6 million of its shares valued at 31.7 billion rials changed hands.

Tuka Paint Company, Karafarin Insurance and Ballast Company had the highest value increase.

The shares of Niroosarmayeh, Pars Paper Industrial Group as well as Pegah Fars Company saw the biggest decline in prices.

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