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FinancialNews
14-06-20
Iran-IME's worth of weekly trades increases 37 percent
(MENAFN)
According to the officials, 800,210 tons of supplies worth 52 trillion rials (about 1.238 billion U.S. dollars) were bought at the IME in the past week, demonstrating also an 18-percent increase in the volume of trades.
IME is one of the four most important stock markets in the country, the other three markets are Tehran Stock Exchange (TSE), Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).
On April 21, IME Managing Director Hamed Soltani-Nejad revealed the market's new outlook strategy, which represents IME's development roadmap until the Iranian calendar year of 1404 (March 2020-March 2026).
Materializing the slogan of this Iranian year, which is "Surge in Production" is seriously considered in the mentioned plan and it is, in fact, the strategic approach of the outlook plan.
MENAFN1406202000450000ID1100321480
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