Investors eye Iranian opening
End of sanctions would prise open one of the world’s last closed markets/ Interested in a stock market trading on a price/earnings multiple of 5.35 and with a dividend yield of 13.7 per cent? A market that has less than 1 per cent foreign ownership but could become the largest frontier market with a weighting of 20-25 per cent in the next few years?/ There’s a catch of course. It is very difficult for western investors to access Iran, the country in question. But that could change as soon as this week, should aimed at easing economic ...
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