EghtesadOnline: Three hundred investment funds operate in Iran’s stock market with about 10.2 million investors, an official with the Securities and Exchange Organization said.
EghtesadOnline: Funding in investment funds reached 100 trillion rials ($416 million) in the calendar month ending July 11, said an official with Securities and Exchange Organization.
EghtesadOnline: The Securities and Exchange Organization is set to revise trading fees it charges investment funds to improve their efficiency.
EghtesadOnline: The National Petrochemical Company plans to raise its production capacity to 133 million tons per year by 2025 and to do so, it has devised 48 projects that need an investment of $30 billion, NPC’s director of planning and development said.
EghtesadOnline: The Social Security Investment Company, the biggest holding company in Iran, plans to increase its capital to a level unprecedented in the history of the Tehran Stock Exchange, the CEO of the company, known by its Persian acronym, Shasta, said.
EghtesadOnline: The Social Security Investment Company plans to issue put options for stocks of the Tehran Stock Exchange to help reassure investors that shares are worth buying.
EghtesadOnline: Persian Gulf Petrochemical Industries Company has got the go ahead from the High Council of Securities and Exchange, the stock market policymaker, to set up an investment bank.
EghtesadOnline: The value of products made in Chabahar in Iran’s southeastern province of Sistan-Baluchestan has increased 6.2-fold over the past eight years from 1,240 billion rials ($4.91 million) to 7,728 billion rials ($30.6 million), says Abdolrahim Kordi, the director of Chabahar Free Zone Organization.
EghtesadOnline: Atotal of 5.14 quadrillion rials ($21.15 billion) worth of investment were made in industrial units with establishment permits, while projects with operating licenses are estimated to have invested 1.74 quadrillion rials ($7.15 billion) in the first 10 months of the current Iranian year (March 20, 2020-Jan. 19).
EghtesadOnline: Fixed income investment funds are henceforth obliged to allot a bigger portion of their portfolios to stocks and proportionately reduce the quota for investment in bonds.