EghtesadOnline: Total market capitalization of Iran’s four bourses (Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange) reached 12,282 trillion rials ($102.3 billion) by the end of third Persian month to June 21 -- up 9.3% compared to a month earlier.
EghtesadOnline: The CEO of Iran Mercantile Exchange says the gold coin futures market will resume in the near future after a short hiatus.
EghtesadOnline: Saeed Fallahpour, a board member of the Securities and Exchange Organization and a deputy of the SEO Supervision of Financial Institutions said Saturday that the value of Iran's four bourses ( Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange) has reached 9,000 trillion rials ($66.6 billion ).
EghtesadOnline: Changes in Iran Mercantile Exchange regulations have done wonders for the stocks market. Talks of the removal of price ceiling for steel products in IME led to a major inflow of capital into the stock market in the starting days of the week.
EghtesadOnline: The Ministry of Industries, Mining and Trade has issued a directive mandating steelmakers to increase their supply to Iran Mercantile Exchange to reach the minimum volume set by the government, or face limitations on exports.
EghtesadOnline: About 6.57 million tons of commodities worth over 161 trillion rials ($3.83 billion) were traded at Iran Mercantile Exchange during the first quarter of the current fiscal year (March 21-June 21), indicating a 22% and 71% year-on-year increase in trade volume and value respectively.
EghtesadOnline: About 2.1 million tons of commodities worth over 56 trillion rials ($1.33 billion) were traded at Iran Mercantile Exchange during the second month of the current fiscal year (April 21-May 21).
EghtesadOnline: Iran Mercantile Exchange’s shareholders have decided to increase their capital to 1.2 trillion rials ($29.52 million).
EghtesadOnline: Iran Mercantile Exchange launched saffron futures trading for the first time on Wednesday to develop the market for derivatives with new underlying assets.
EghtesadOnline: At the behest of private producers and downstream users, the Ministry of Industries, Mining and Trade has banned price increases for all steel products at Iran Mercantile Exchange up until June 21.