‘Government, SEO work well to make changes in stock market’

TEHRAN- The secretary normal of Iran’s Securities Exchange Brokers Association (SEBA) mentioned that the federal government and Securities and Exchange Organization (SEO) labored well to make changes in the stock market throughout the previous Iranian calendar 12 months 1401 (ended on March 20).

Mohammad-Reza Dehqani Ahmad-Abad added that these measures can carry good returns in the primary half of 1402, however measures should be taken to take away the considerations from the stock market in the long run.

In an interview performed by IRNA, Dehqani provided an answer to enhance the scenario of the stock market in 1402 and mentioned: “If the shareholders will be assured that there will likely be no interference in the market mechanism, then we will hope for the advance of the market scenario.”

He talked about the potential of changes in the kind of pricing of products as well because the elimination of necessary pricing from the nation’s financial system and mentioned: “In any method that the speed decided via the market will be formally acknowledged, there isn’t any doubt that scorching cash will likely be collected and attracted to the capital market. This concern, whereas serving to the nation’s financial system, can stop the harmful progress of parallel markets, which has no outcomes aside from harm to the financial system.”

According to Dehqani, these options are throughout the authority of the federal government, which may give ensures to the shareholders with their selections.

The secretary normal of Iran’s Securities Exchange Brokers Association additional reiterated: “If the shareholders are given the boldness that there will likely be no interference in the market transactions, we will hope for a change in the stock market transactions; In this case, the capital market will carry out higher than different parallel markets not solely in 1402 but additionally in the approaching years.”

MA

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