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FinancialNews


  • 24-08-20

    IFX augments 185 percent in 5 months on year

    (MENAFN) IFX, the major index of Iran's over-the-counter (OTC) market, known as Iran Fara Bourse (IFB), augmented 185 percent throughout the first five months of the present Iranian agenda year (March 20-August 21), contrasted to the same phase of time in the past year.

    IRNA accounted that the index placed at 18,778 points at the end of the fifth month.

    Throughout the fifth month of this year 59.833 billion securities value 1.367 quadrillion rials (regarding 32.547 billion USD) were traded through 34.288 million trades, demonstrating 97 percent, and 650 percent boost in the figure and worth of trades, and a 545 percent enlargement in the figure of trades, contrasted to the fifth month of the preceding year.

    IFB is one of the four main stock exchanges of Iran, the additional three ones are the Tehran Stock Exchange (TSE), Iran Mercantile Exchange (IME), and Iran Energy Exchange (IRENEX).

    MENAFN2408202000450000ID1100683711

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