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Weekly report of Iran's OTC market

Business Materials 19 January 2018 16:03 (UTC +04:00)

Baku, Azerbaijan, Jan. 19

By Khalid Kazimov – Trend:

IFX, the over-the-counter Iran Fara Bourse’s main index, gained 1.5 percent over the last Iranian week to January 19 to end at 1093 points.

According to data available on the official website of the Fara Bourse, the market cap dropped by four percent to stand at $28.9 billion on Wednesday, the last trading day of the week.

In the meantime, the value of the trades increased by 154 percent to stand at 18.8 trillion rials (about $ $431.2 million according to free market rates).

In this period the volume of trades decreased by 0.2 percent to stand at 2.29 billion shares.

The number of trades also increased by 59 percent to stand at 305,000.

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