published by: Admin
Iran: Trading Codes Near 37 Million
Data released by the Central Securities Depository of Iran put the number of active trading codes at 36.8 million by the end of last calendar month to July 21.
The CSDI website said about 2 million codes were issued in the first four months of the current fiscal year that began in March. The past year and a half saw a flurry of new investors into the stock market unheard of in the 53-year history of Iran’s bourse.
In March the number of trading codes stood at 36.7 million -- 257% higher compared to the 10.2 million codes issued by March 2020.
The unusual upsurge in investors in a relatively short period was apparently due to the growing traction of the share market among the public following historic gains up until August of last year.
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