TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 4.8 percent in the ninth Iranian calendar month Azar (November 23-Decemebr 21), Tasnim news agency reported on Friday.

As reported, 7,739 million securities worth 58.68 trillion rials (about $1.407 billion) were traded in Azar, showing 30 percent and 62 percent growth in the number and value, respectively, compared to the same month last year.

Also, the number of trades doubled in the ninth month this year from Azar in the previous year.

Meanwhile, IFX has risen 23 percent since the beginning of current Iranian calendar year (March 21, 2017) compared to the same time span in the past year.

MA