Baku, Azerbaijan, Nov. 6
By Elnur Baghishov – Trend:
The value of Iranian investment market exceeds 10 quadrillion rials (about $238.95 billion), Mehr News Agency cited Chairman of the Iranian Securities and Exchange Organization Shapur Mohammadi as saying.
"Since the 12th government started its activity (August 3, 2017), the value of the Tehran Stock Market and Iran Fara Bourse has increased by 112 percent,” he said.
Mohammadi said that presently, the number of companies on the stock exchange is 594.
He said that there are 200 joint investment funds.
The number of investment funds has increased by 65 percent since the 11th government started its activity, Mohammadi said.
He also said that foreigners have invested 20.100 quadrillion rials (approximately $476.192 billion) until October 22, which is a 73-percent increase compared to the previous year.