TEHRAN – The head of Iran’s Securitas and Exchange Organization (SEO) Majid Eshqi has said the country’s banks, major holdings and government organizations are going to collaborate in order to support the stock market.

Referring to the latest decisions made by the Supreme Council of the Stock Market, Eshqi said most of the measures that are going to be taken to support the market are focused on providing funding and capital via the Capital Market Development and Stabilization Fund (CMDSF), Tasnim News Agency reported.

“Such measures will be taken by holdings and investment companies in order to reassure shareholders about the future of their shares”, the official said.

EF/MA