Foreign investment in Iran’s capital market skyrocketed post sanctions
Foreign investment in Iran’s capital market has increased sharply following to the lifting of sanctions against the country in January, said the managing director of the Central Securities Depository of Iran. Statistics say foreign entities bought 42.167 billion rials (some $1.2 million) of shares on the Iranian stock market by the end of the 9th Iranian calendar month (December 21), but the figure rose by around 12 folds, reaching 511.863 billion rials (about $14.5 million) on the last day of the eleventh calendar month (February 19), the IRNA news agency quoted Mohammad Reza Mohseni as saying.
On January 16, 2016, the International Atomic Energy Agency (IAEA) reported to the United Nations Security Council that Iran had taken a series of measures called for by the historic nuclear agreement between Iran, the Five Permanent (P5) members of the United Nations Security Council, and Germany.
At present, investors from the U.S., Britain, Russia, Germany, Sweden, Romania, Uzbekistan, China, the Netherlands, India, Turkey, Lebanon, South Africa, Japan, Cyprus, Italy, the United Arab Emirates, Norway, Greece, Indonesia, Maldives, Hong Kong, Qatar, Iraq, Pakistan, Syria, Luxemburg, Kuwait, New Zealand, Malaysia, and Afghanistan are active in Iran’s capital market.