EghtesadOnline: The government’s move to sell shares in four major refineries via an exchange-traded fund was received coldly by investors as barely 20% of the assets were bought in the subscription phase.
EghtesadOnline: The Iranian Privatization Organization published a notice Tuesday outlining details about subscription of government shares in four refineries via an exchange-traded fund.
EghtesadOnline: The economy and oil ministries said Tuesday that they would stick with the previously announced method to divest government shares in four refineries via an exchange-traded fund and this week’s decision to offer shares only in blocks has be rescinded.
EghtesadOnline: Trade in exchange-traded fund that holds government shares in three banks and two insurance companies commenced on Saturday.
EghtesadOnline: In the budget bill for the next fiscal year (March 2020-21) the government can divest its stake in state-run companies via exchange-traded funds.
EghtesadOnline: The Central Securities Depository of Iran in its new report said the value of exchange-traded funds reached 146.09 trillion rials ($1.23 billion) by the end of the calendar month to July 22.
EghtesadOnline: In a study on the performance of exchange-traded fund, the Tehran Stock Exchange explored the popularity of the financial instrument in the world and reflected on the stumbling blocks on the way of ETFs in Iran’s capital market.