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  • 04-08-20

    Iran: Capital market offers USD23.8b of supporting

    (MENAFN) Tasnim news agency confirmed that Hassan Qalibaf-Asl stated that the number is three times more than that of the same period of time in the previous year.

    The administrator stated, "Our plan is that the prosperity in the secondary market, which is the capital market, will be led toward the primary market and production sector".

    Qalibaf-Asl had earlier declared that the total of liquidity captivated by the capital market stood at 500 trillion rials (about USD12 billion) during the first 4 months of the present year (March 20-June 20), while the total amount of liquidity entered into this market reached 300 trillion rials (about USD7.14 billion) throughout the previous year.

    He stated that the high amount of liquidity that is entering the capital market has given some decent opportunity for this market, as it's being established and increased, for the initiatives, as they're fortifying their essential capitals, and also for the government.

    MENAFN0408202000450000ID1100584345

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