Hormozgan Cement Co., Iran’s Meter Manufacturing Co. Niroo Transformer Co., and Industrial Machineries of Tractor Sazi were among these companies.
The managing director of the Privatization Organization, Mir Ashraf Abdullahpuri Hosseini, said that the low demand happened as a result of huge number of stocks which made it difficult for the clients to buy it.
However, experts believed that prices were too high and therefore nobody applied for the stock.
Meanwhile, the stocks traded in the Tehran Metals Exchange (TME) stood at 21,780 tons showing 20,280 tons reduction compared with a day before.
In spite of the reduction in weight of the total metals traded in the market, the value of trades rose up to 189,740 billion rials with a 60 billion rials increase since the only metal exchanged was steel which is more expensive than others.
Metals index had an increase of 34 units and steel index rose up by 68 units.
FK/MA
END
MNA
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