TEHRAN: An official of Central Securities Depository of Iran, Motahhareh Moravvej, said that the number of Iran’s capital market shareholders hit 7.996 million in the past Iranian calendar year, which ended on March 20.
Moravvej announced that over 633,000 new shareholders jointed Iran’s capital market in the previous calendar year. The market has also 337 foreign shareholders, the official mentioned.
She said more than 23,000 new investors joined Iran’s over-the-counter (OTC) market in the last month of the past Iranian calendar year (February 20-March 20), raising the number of OTC market’s shareholders to 838,000.
Iran’s currency and stock market rose on their first day of trade since Tehran agreed on April 2 with world powers on its nuclear program.
The agreement on Iran’s nuclear program, will – if confirmed in a final deal by a June 30 deadline – begin to ease economic sanctions on Iran. This could ignite a boom and clear the way for tens of billions of dollars of fresh trade and investment.
