Bors Ban was launched – Tejaratnews
According to Tejarat News, Majid Eshghi stated in the fourth press conference that was held in the stock exchange organization, pointing out that in the year of compilation, 1400 capital market strategic plans were put on the agenda and soon this document will be approved by the Supreme Council of the stock exchange. : In order to protect the rights of investors, diversification of investment methods was put on the agenda, and various types of investment funds, from real estate funds to pension funds, were launched in this direction.
He added: So far, 3 new leveraged funds have attracted about 30 resources, which shows the acceptance of the said funds. On the other hand, with the establishment of a real estate fund for investment in the housing sector, the pre-sale meter and the order for the establishment of the housing predecessor were modified.
The head of the stock exchange organization said: due to the acceptance of mass builders, municipalities, etc., good resources will be attracted in the field of housing supply from the said directive.
Eshghi pointed out that in the last two years, more than 200 licenses of financial institutions were finalized and presented to applicants, and the number of active financial institutions reached 1000. He clarified that investment funds have also reached 400 funds. Two years ago, there was a long line of brokerage companies, portfolio managers, etc. at the table of the stock exchange organization, but this line has disappeared. Now we can claim that we are facing a competitive industry in the field of financial services.
Stating that since 1401, all the profits of stock companies are paid through Sejam and there is no need to go to the bank anymore, he said: Based on this, the deposit of current and accrued interest is done through central deposit.
The head of the stock exchange organization said: In the first half of this year, 12 million shareholders of 116 stock exchange issuers have received 2.7 percent of interest through Sejam.
Referring to the launch of the media’s whistle-blowing line, Eshghi clarified: In the regulatory field, a stock exchange was established this year.
Pointing out that it is expected that bonds will be issued by the end of the year in the amount stated in the budget, Eshghi said: the Riyal figure of the bonds that will be redeemed is the same as the new bonds that will be issued. These bonds are bought by the banking and insurance sectors. Referring to the plan of the supervisor of auditors in the parliament, he said: The stock exchange organization relies on the auditors’ report in the audits, and based on this, the organization’s opinions have been presented to the parliament. There is an independent department in the field of audit in the stock exchange organization and daily interactions are carried out with the audit organization.
The stock market will not be closed
In response to a question about the drop of 50,000 units in the stock market today following the political developments in the Middle East and Palestine, he said: Political developments are naturally effective, but we don’t have much of a queue to sell them. In these cases, the lawyers themselves get to work and this panic is temporary. I advise the shareholders not to rush, and this situation will definitely not continue, and the lawyers will make their purchases, and there is no need to close the stock market, and we are facing a temporary situation.
The head of the stock exchange organization said: the capital increase program of companies and the issuance of bonds this year will reach 750 hemats, which is considered a good record.
Source: Tasnim