The Ministry of Economy says that the capital market has expanded its role in contributing to the economy thanks to the share market and rise in the number of investors.
Businesses and listed companies in the stock market generated 2,715 trillion ($8.48 billion) in the first five months (March 20-August 21) of the current fiscal year. This was an unprecedented increase of 632% compared with the market performance in the same period last year, according to the ministry’s news portal, Shada.ir.
The report ascribes the astronomical growth to increasing participation of retail traders and concerted government efforts to expand the market.
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