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Code: 49541 Visited: 245 Publish Date: Jun 02 2018 - 2:21
https://goo.gl/vd2KUk
IFB
Underwriting of the Fifth VC Fund
Tehran, June. 02 (SENA) - IFB Third Market hosted University of Tehran VC fund underwriting this week. It is the fifth VC fund to be underwritten on Iran Fara Bourse which is (the underwriting) valued at 20 billion rials for 0.1 million of the very VC units.

Tehran, June. 02 (SENA) - IFB Third Market hosted University of Tehran VC fund underwriting this week. It is the fifth VC fund to be underwritten on Iran Fara Bourse which is (the underwriting) valued at 20 billion rials for 0.1 million of the very VC units.

A total number of 1,505 million securities worth 11,332 billion rials were traded this week on IFB as compared to a total of 1.296 million securities (16% weekly increase) valued at 12,035 billion rials (6% weekly decrease) that exchanged last week.

For the week ended June 1 IFB overall index, IFX, closed at 1110.3, rising 0.3% compared to its previous week's close of 1107.

Trading in IFB’s First and Second market accounted for 818 million shares worth 1.709 billion rials contributing 54% & 15% to the total equity turnover volume and value respectively.

Also traded during this week on Structured Financial Products market (comprised of ETF, Mortgage Right and Debt Market tradings) were a total of 54 million sheets valued at 8.317 billion rials. IFB Base and SME markets also hosted the trading of 632 & 0.05 million shares worth 1.196 & 0.23 billion rials this week.

Base Metals and Chemical Products are the top two sectors in terms of the value of trades in the equity market (excluding block trades) contributing 20% & 19% to the total amount (value of trades), respectively.

 

 

 
By: Security and Exchange News Agency (SENA)
 
 
 
 
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