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Trade in Justice Shares Revised Upwards

Trade in Justice Shares Revised Upwards Trade in Justice Shares Revised Upwards

The government has announced that holders of the so-called “Justice Shares” can henceforth trade 60% of their shares. Initially in May it had allowed tradability of only 30%. 
Justice Shares are shares of government-owned companies that were given free to the six lowest income deciles almost fifteen years ago. Shareholders were not allowed to sell the shares until last May.  
According to Mohammad Javad Farahanian, the plan and development deputy at the Central Securities Depository of Iran, 60% of shares are now tradable. 

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