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  • 27-08-20

    Offering of Iranian refineries shares throughout second ETF starts

    (MENAFN) On Wednesday August 26 IRNA accounted that the underwriting process for the shares of four major refineries that are heading for be presented throughout Iran's second exchange-traded fund (ETF) started on and will carry on until September 9.

    As accounted that the government shares in Tehran, Tabriz, Isfahan, and Bandar-Abbas refineries will be presented throughout this EFT, at the Tehran Stock Exchange (TSE) which is the major stock exchange of Iran.

    The presenting of the second EFT had been overdue several times because of some technical problems so that gossips of its cancelation were being heard, nevertheless in late June Finance and Economic Affairs Minister Farhad Dejpasand declared August 26 as the date for the presenting of the second EFT and put an end to those gossips.

    The presenting of this EFT comes as the worth of shares presented via the first exchange-traded finance has as well increased considerably.

    MENAFN2708202000450000ID1100702810

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