$2.7b pumped into bourse in 2 months

Financial Tribune – An estimated 450 trillion rials ($2.7 billion) in liquidity poured into Iran‘s stock market since the beginning of the fiscal year (March 20), CEO of the Securities and Exchange Organization said.

Reporting on the performance of the bourse to members of Expediency Council (a top legislative body) on Wednesday, Hassan Qalibaf-Asl said the stock market has been well received by the public.

“Close to 450 trillion rials entered the capital market since the beginning of the year,” he was quoted as saying by the EC’s public relations office.