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Foreign Trading in Equity Markets Picking Up

Foreign Trading in Equity Markets Picking UpForeign Trading in Equity Markets Picking Up

The number of trading codes issued for foreign traders at Iran’s equity markets has reached an unprecedented total of 550, with 200 of whom having been registered in the current Iranian year (to end March 19), according to Tehran Stock Exchange CEO Hassan Qalibaf-Asl. The implementation of the Joint Comprehensive Plan of Action, as part of the July 14 nuclear accord reached between Iran and world powers, and the subsequent lifting of financial and economic sanctions imposed on the country have sparked newfound foreign interest in Iran’s equity markets, IRNA reported.

Financialtribune.com