VOL. XLVI
No 32
11-August-2003
IRAN
CAPITAL MARKETS
TSE Moves To Cap Surge In Share Prices
The Tehran Stock Exchange (TSE) has taken some measures to try to arrest the sharp rally in share prices in the past few years, amid concerns that the exchange could head for a crash. The TSE Secretary General Hossein Abdo Tabrizi on 4 August issued a statement to brokers forbidding share price increases for a two-week period. The statement said that individual shares would not be allowed to rise above their...
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