Brokerage companies in Iran’s capital market processed less deals in the last Iranian month to May 21 amid low liquidity of stocks.
Stock brokers processed shares worth 1,380 trillion rials ($6.2 billion) last month -- down 25% compared to the month earlier when shares worth 1,850 trillion rials ($8.4b) were processed.
Online trade accounted for 843 trillion rials or 60% the total processed deals, according to way2pay.ir, a website covering developments in the payment industry. The contribution of market makers too was meager at 5.27 trillion rials.
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