Iran’s capital market attracts more foreign investors
Baku, Azerbaijan, June 11
By Fatih Karimov – Trend:
The Central Securities Depository of Iran issued 17 new trading codes for foreign investors during the last Iranian calendar month(ended May 21), the CSDI head, Mohammad Reza Mohseni, said.
Nine foreign institutional investors as well as eight foreign people received their trading codes last month (April 20-May 21), Mohseni said, Iran’s Securities and Exchange news agency (SENA) reported.
This brings the total number of foreign institutional investors to 180, he said.
The institutional investors, which received codes to trade in Iran’s capital market, are from Pakistan, the UAE, Cyprus, Oman, Iraq, Georgia and Armenia, Mohseni said, adding that the CSDI also issued new codes for investors from Switzerland, Nigeria, Iraq and Afghanistan (four people) and Virgin Islands.
He added that 837 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.