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FinancialNews


  • 26-04-20

    Iran: production by firms listed on stock market increases by 7.1 percent

    (MENAFN) The production by the firms listed on Iran's stock market grew by 7.1 percent during the 11-month period from March 21, 2019 to February 19, 2020, according to Iranian Finance and Economic Affairs Minister Farhad Dejpasand.

    "This figure is an indication that we should move toward new strategies to design [economic] mechanisms so that public resources and funds are directed into the capital market", as said by Dejpasand.

    The capital market is not open to the negative effects of other markets and this market has a special role in the economy and can quickly fill one of the missing links of the financing of projects in Iran, according to the economy minister.

    The official highlighted the necessity for establishing a trust for Iran's big firms and organizations to come forward and offer their shares in the stock exchange.

    MENAFN2604202000450000ID1100085433

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