Financial Tribune – Iran Fara Bourse, over-the counter stock market based in Tehran, was ranked second in terms of value and volume of trade and the number of stockbroker companies handling IFB trade in 2018 among 15 members of the Federation of Euro-Asian Stock Exchanges (FEAS).
As per an FEAS report, the value of deals hosted by IFB reached €18 billion by the end of 2018. More than 24.5 million deals were handled by the market in the year. A total of 109 companies handled IFB trade in that year.
IFB’s market capitalization– the market value of a publicly traded company’s outstanding shares — jumped from €12.6 billion in 2017 to above €18 billion by the end of 2018, indicating 64% growth.