Increase in the capital of mining companies for another two months

Increase in the capital of mining companies for another two months
  • 2020-08-26
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Imidro's deputy and member of the executive board announced the need to increase the capital of companies in the mining sector and mining industries affiliated with this organization for the next two months at most.

According to the International Iranian Stone Exhibition, Abbas Naimi in a meeting with the financial managers of large companies in the mining and mining industries said: "Considering the trend of supporting listed companies and maintaining public trust, we expect the stock index to grow by the end of this year." Have.

He continued: "With the participation of companies in the mining sector and mining industries, we intend to form a joint fund with a capital of 30,000 billion Tomans to market and maintain and stabilize Imidro's assets in the stock market."

Establishment of a standing committee in Imidro to preserve corporate capital

Referring to the establishment of a standing committee in Imidro with the participation of large mining companies and mining industries in the field of stock exchange, Imidro's deputy stated: This committee will hold extraordinary meetings if the group's market value falls by more than ten percent.

He continued: the quality of information on the performance status and profitability of companies in Kedal should be improved.

Changing the trend of the stock market index with support

Referring to the trend of the stock market index during this year, Naimi said: "This trend set a new record on 31 June of this year with 1,270,000 units, and this rapid growth reached its peak on August 20 of this year, ie two It reached one million and seventy-eight thousand units.

He continued: "But from August 21, this index began to fall." Imidro's first support in one million and eight hundred thousand units was not effective. But the second strong support in the limit of one million and six hundred thousand units, changed the trend and the stock index returned and started to increase.

The meeting was attended by the financial officials of Mobarakeh Steel, Foolarmozgan, Mes, Gol Gohar, Chadormelo and Khorasan Steel, and the necessary decisions were made to continue the support of mining companies and the mining industry from the stock exchange.

* ISNA