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Iran’s capital market attracts more foreign investors

Business Materials 26 December 2016 08:20
The Central Securities Depository of Iran issued 14 new trading codes for foreign institutional investors during the last Iranian calendar month(ended Dec. 21)
Iran’s capital market attracts more foreign investors

Baku, Azerbaijan, Dec. 26

By Fatih Karimov – Trend:

The Central Securities Depository of Iran issued 14 new trading codes for foreign institutional investors during the last Iranian calendar month(ended Dec. 21), the CSDI head, Mohammad Reza Mohseni, said.

"This brings the total number of foreign institutional investors to 141," Mohseni said, Iran’s Securities and Exchange news agency (SENA) reported.

The institutional investors, which received codes to trade in Iran’s capital market, are from Georgia, the UAE, Afghanistan, Indonesia, China, Oman, Germany and Sweden, he added.

Mohseni also said that nine investors from the US, Switzerland, Azerbaijan, Poland, China, Iraq and Afghanistan (three people) received their trading codes in last calendar months.

He added that 769 trading codes have been issued for foreign traders ever since 1994.

Currently foreign traders from the United States, Russia, UK, Spain, Poland, Azerbaijan, the UAE, Maldives, Poland, Hong Kong, Qatar, Iraq, Luxemburg, Kuwait, New Zealand, South Korea, Germany, Switzerland, Sweden, Uzbekistan, China, the Netherlands, India, Turkey, Lebanon, South Africa, Japan, Cyprus, Italy, Norway, Greece, Indonesia, Pakistan, Armenia, Afghanistan and Malaysia are trading in Iran’s capital market.

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