Iran's capital markets hit astounding levels

Iran's capital markets hit astounding levels
2.5 5

Published October 1st, 2013 - 05:30 GMT via SyndiGate.info

Rate Article:

 
PRINT Send Mail
comment (0)
Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.
Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.
Follow >
Click here to add Ali Salehabadi as an alert
Ali Salehabadi
,
Click here to add Iran’s Securities and Exchange Organization as an alert
,
Click here to add Mehr News Agency as an alert
Mehr News Agency
,
Click here to add Tehran Forex Center as an alert
Tehran Forex Center
,
Click here to add Tehran Stock Exchange as an alert
Tehran Stock Exchange
,
Click here to add World Federation of Exchanges as an alert

Iran’s capital market value has surpassed 3,190 trillion rials (about $128 billion based on the Tehran Forex Center’s U.S. dollar exchange rate of 24,800 rials). 

Trading volume reached 875 million shares worth 4.315 trillion rials (about $174 million), the Mehr News Agency reported. 
 
Iran’s Securities and Exchange Organization Head Ali Salehabadi said on January 7 that the total value of Iran’s capital market, including the TSE and the Over-the-counter markets, is half of the gross domestic production (GDP).
 
Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.
 
The TSE's annual growth rate of main indices also ranked second among all members of the World Federation of Exchanges (WFE).
The WFE is the association of 52 regulated exchanges around the world which aims to develop and promote standards in markets.

Advertisement

© 2013 TehranTimes. All Rights Reserved.

Add a new comment

 avatar