Iranian shareholders monitor share prices on screens at the Tehran Stock Exchange in Tehran, Iran, Sunday, April 5, 2015.(AP Photo/Vahid Salemi)
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An increasing number of international investors are preparing to trade Iranian stocks once economic sanctions are lifted, according to the head of the bourse in Tehran."We had a lot of requests and a lot of visitors from abroad," said Hassan Ghalibaf Asl, the chief executive officer of the Tehran Stock Exchange, in an interview at his office in the Iranian capital. Some 50 international investors received approval to trade on the exchange in the past six months, and are now awaiting the end of sanctions, he said.The Bandar Abbas Oil Refining Co. was down 5 percent and the Persian Oil & Gas Development Co. lost 3.2 percent.The more than 300 companies on the Tehran exchange have a combined market capitalization of about $91 billion.
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