30% of the financing of the economy is from the stock exchange / the government should use the opportunity of the people to participate in the stock exchange

سیدبابک Ebrahimi saidوگو In response to the question whether in your opinion, the presence of 58 million Iranians in the Tehran Stock Exchange is an opportunity or a threat, he said: “This is a good opportunity that we must use well, the same As the Supreme Leader put it, the best way to make the economy popular is to participate through the stock market and get the money to the productive part of the economy, and the best tool for that is the capital market.

“Unfortunately, we did not control the emotional behavior of the people in the capital market, and there is still no plan to control the emotions and no trust has been built, and as people have invested in the stock market, which is a secondary market, they should be gradually Let’s move on to investing in the primary market, but unfortunately some managers are capacity-building, rather than capacity-building.

Associate Professor of Khajeh Nasir Tusi University of Technology, in response to the question that due to the declining trend of the stock market index since last year, said: The nature of the capital market is that it has risk and fluctuations, but that people withdraw their money from the stock market and To take another market, we have to make the point that investing in the stock market is such that we have actually bought an asset and with these shares we have acquired the ownership of a part of the company that is standing and produces and makes a profit. We should not get excited. And in the turmoil of the market, we can easily lose this asset, and emotional behavior in the capital market should not prevail.

According to Ebrahimi, some government policies affect the market.

“The same car pricing tax on petrochemical products, such as the new tax that the government says is levied on methanol, and about 20 percent tax. These decisions affect the capital market, and they say that because methanol production without Value added, it must be taxed.

Ebrahimi said that a company that is set up with a capital of two billion dollars will take time until it wants to reach a value-added product, and the government should not quickly tax large-scale products such as methanol, because this company will have problems.

The economic deputy of the Armed Forces Social Security Organization also said: “Urea production companies demand more than 11,000 billion tomans from the government for the production of urea chemical fertilizer, which they have delivered to the government, and this government debt must be paid.”

In response to what is meant by investing in the stock market is a long-term process, the economist said: ‌ Long-term is between one to three years and we have to wait at least a year in the stock market and given the inflation of society within a year a reasonable return on investment in The stock market is available and over the years it has been shown that the capital market has been more productive than competing markets such as gold, currency and housing, but unfortunately our people are overreacting and most people do not have the patience to persevere. Training to be done.

In response to the question whether the conditions for investment are provided in the conditions of inflation, Ebrahimi said: “In the conditions of inflation, people’s money goes to investing in capital goods such as houses, property, land, currency, gold, while investments should go to the stock market. Drive where the productive chain is created.

In response to the question of the daily trading of stocks on the stock exchange and OTC How much absorption is produced, he said OTC It does not reach production directly, but indirectly affects production, because the shares of companies can be traded and Cash As the degree of liquidity increases, these stocks can be used as collateral for loans or bonds, which help finance and liquidity in enterprises.

Regarding transparency in the capital market, he said: ‌ The stock market is a market that is transparent and the companies listed on the stock exchange must report regularly to the regulator and the reports that are presented are very reliable. More reliable It is one of the reports in other companies Non-exchange There are and most reports are audited.

Associate Professor of Financial Engineering at Khajeh Nasir Tusi University, regarding the role of the capital market in financing companies and government financing, said: “Financing in our country is bank-based.” HowMore than 70% of financing is done through the banking network and less than 30% is done through the capital market. In this financing, both listed companies and state-owned companies can finance by issuing bonds. If the capital market is more dynamic, there is no problem. The government should also finance it, but if the market conditions are declining, because the behavior in the market is emotional, government financing may have a negative effect on the market, and for listed companies, the regulator may issue securities or initial public offering. No, so in the face of declining corporate financing is also a problem.

Ebrahimi about the fact that last week more than 62 thousand billion tomans of treasury bonds in the form of open market operations in OTC The deal was said: ‌Release Bonds in the form of open market operations are a policy pursued by the government since the beginning of the year. Significant government funding from the capital market has been done. It is affected by the distrust of investors, and this distrust is a negative point. We must return the trust of the people and investors to the market, and according to the Minister of Economy, we must make the capital market predictable, but if the government decides every day, the market becomes unpredictable.

In response to the question that there are currently 720 companies on the stock exchange and OTC How many companies are present in the country that have not been listed yet?اند He said: “Most of the big companies are present in the stock exchange and some companies are ready to be accepted, but due to the fall of the market, the initial public offering has stopped and I think 40 to 50 companies are ready to be listed on the stock exchange.”

“Those who do not have time and are not professionals, through the funds that 210 funds in Tehran Stock Exchange They are willing to enter the capital market, they can choose fixed income funds or ETF funds or different types of funds for investment and it is preferable that the investor UnprofessionalEnter through the inboxes.

According to him, in a situation where the government’s policy in the economy is not yet clear, investors should not rush and choose stocks by analysis, and if they have bought stocks, they may lose at some point, but they are sure that stocks will return.

Ebrahimi, in response to what is considered a fundamental stock, said: “Companies that have a stable profitability and an increasing trend has been proven in them, as well as multi-disciplinary holdings are in a better situation.”

In the end, he said: “This year, most companies have made a profit in the meetings of listed companies, especially in multi-disciplinary holdings that should be recognized by the people.”

end of Message/

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