2 New Companies Listed in the TSE after 14 Months

After 14 months, two new companies have been listed in the Tehran Stock Exchange (TSE). Gostaresh Sarmayegozari Iran Khodro (Iran Khodro Investment Development Co.) a holding company engaged in automotive industry, and Melli Sanaye Mess Iran (Iran Copper Industrial National Co.) a company engaged in copper mining activities, were the last two companies listed in the TSE. Market started to flourish after a bearish trend of about 18 months, moving up now for the fourth month in a row. Listing the abovementioned two companies is one of the signs of the upcoming bullish trend.