The Iran Project

MRC calls for higher public float of stocks

Financial Tribune – With stock market indicators heading upward at a regular pace and fresh money pouring in the bourse from an ever-increasing number of investors, the Majlis Research Center stressed the need to take appropriate measures to balance the market by boosting the supply side.

The parliamentary thinks tank welcomed the expansion of the stock market “as it helps in funding economic development plans,” saying that stocks now constitute a bigger share of the assets of Iranians while that of real estate, gold and forex is shrinking on households’ basket of assets

“This is a welcome sign on the condition that some considerations are upheld,” the MRC said on its website.

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