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FinancialNews
02-09-20
Weekly value of trades augments 32 percent at IME
(MENAFN) The value of trades at Iran Mercantile Exchange (IME) increased 32 percent in the past Iranian agenda week (ended on August 28).
As accounted by the IME International Affairs and Public Relations Department, over 886,179 tons of commodities values in excess of 69 trillion rials (concerning 1.642 billion USD) were traded at the exchange in the past week, representing as well a 25-percent enlargement in the weight of traded merchandise.
IME is one of the four main stock markets of Iran; the additional three markets are Tehran Stock Exchange (TSE), Iran's over-the-counter (OTC) market acknowledged in addition as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).
On April 21, IME Managing Director Hamed Soltani-Nejad disclosed the market's new viewpoint plan, which depicts IME's development roadmap until the Iranian calendar year of 1404 (March 20205-March 2026), Materializing the slogan of this Iranian year, which is "Surge in Production", is gravely considered in the talked about plan and it is, in fact, the planned move toward of the viewpoint plan.
MENAFN0209202000450000ID1100733403
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