EghtesadOnline: With higher returns investment funds have become lucrative investment venues and are attracting more money, the Securities and Exchange Organization’s deputy chief for supervisory affairs said.
EghtesadOnline: Given the torrent of new investors in the bourse in a relatively short period, the regulator has stepped up efforts to make indirect investment in the market attractive for investors lacking financial literacy.
EghtesadOnline: The mining sector’s impact is not limited to promoting economic growth, its contribution to the creation of equal employment opportunities, poverty alleviation, advancement of social justice and sustainable economic development is also consequential, says Amir-Hesam Es’haqi, a university professor, in a write-up on IRNA.
EghtesadOnline: Investment funds hold assets worth 5,300 trillion rials ($19.6 billion) in their portfolios, an official with the Securities and Exchange Organization said.
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.