EghtesadOnline: As per the plan, 1.7% of government shares in Bank Saderat, 4.1% in Bank Mellat, 3.1% in Bank Tejarat, 3% in IRISL and 6.7% in PGPIC will be allotted under the new initiative.

EghtesadOnline: The government has announced that holders of the so-called “ Justice Shares ” can henceforth trade 60% of their shares. Initially, in May it had allowed tradability of only 30%.

EghtesadOnline: The government has announced that holders of the so-called “ Justice Shares ” can henceforth trade 60% of their shares. Initially, in May it had allowed tradability of only 30%.

EghtesadOnline: Banks will start issuing credit cards for owners of the so-called Justice Shares in the coming week, using the shares as collateral, a member of the High Council Securities and Exchange said.

EghtesadOnline: The government’s decision to offer its stakes in several companies in the stock market and allow the so-called ‘ Justice Shares ’ to be tradable saved the bourse from a potential bubble burst, says Saeed Laylaz.

EghtesadOnline: The initiative to ease restrictions on trading the so-called Justice Shares will allow Justice Shares worth 3,000 trillion rails ($18.75 billion) to be offered Iran’s stock market, head of the Iranian Privatization Organization said.