Announcement of Payment Time of Losses Insurance Market Insurers – BusinessNews

According to Tejarat News, last year’s shareholder scheme aimed at supporting small shareholders in the stock market and in order to insure the portfolio of individuals with a maximum of 100 million tomans of operational stock portfolio and at the end of trading today (November 4, 1402), one year after its implementation It was due.

From the outset, the project was welcomed by investors, with more than 6,000 micro -shareholders being able to take advantage of the market by paying only one rial.

By using this plan and on the condition of keeping their portfolio within one year from the start date of the plan, the shareholders insured their portfolio against price fluctuations.

Thus, based on the information received from the stock exchange organization regarding the time of payment of the losses of the stock market insureds, the calculations related to the losses of the insureds in this plan will be done and will be deposited into their accounts soon.

This plan was successfully implemented from the point of view of influencing the stock market trend, in such a way that on the date of its implementation, we saw a change in the market trend and the growth of the index after touching the lowest value during the year 1401.

In the first days of November last year, the Securities and Exchange Organization presented and implemented 10 packages to improve the state of the stock market. One of the main clauses of the capital market support package was stock portfolio insurance or subordinated bonds up to 100 million tomans, which covered 96% of real shareholders.

The “Stock Portfolio Insurance” plan came into effect on November 21, 1401, the maturity of these bonds is one year, and the amount of the purchase commitment is 20% higher than the value of the combination of people’s portfolios on the last trading day, Wednesday, November 4, 1401.

For this purpose, at the same time, the “Saham Yar” symbol was reopened in the stock market; It is a symbol intended to insure the shares of real shareholders, and shareholders with a portfolio of less than 100 million Tomans could insure their portfolio by purchasing one rial of this symbol, and they would be guaranteed a return of at least 20% until maturity.

After going through these steps, the shareholder is the owner of a subordinated bond that has insured the shareholder’s entire portfolio of less than 100 million tomans for the next year.

Source: Iran’s capital market news base