How much did the value of the stock of justice go?

According to Tejaratnews, in the week when the total index of the Tehran Stock Exchange fell by 2.4 percent, the value of the shareholders’ equity portfolio fell almost in line with the stock exchange and fell by 2.9 percent. On most days of the past week, the value of justice stocks fell.

At the end of the week ending December 28, 1400, the value of the 532 thousand Toman justice stock portfolio reached 12 million 337 thousand Tomans. This is while last week this basket was worth 2 million and 715 thousand tomans. This means that the equity portfolio has fallen 2.9 percent this week. Taking into account this issue, the value of 60% of the marketable portfolio of 532 thousand Tomans of justice shares has reached 4 million and 426 thousand Tomans.

The shareholders of one million justice shares also witnessed a decrease of 637 thousand Tomans in the value of their portfolio this week. The value of justice shares of one million Tomans was calculated at the end of Wednesday, January 6, 23 million and 316 thousand Tomans.

^{Important news about receiving justice dividends}

Akbar Heydari, spokesman for the Association of Provincial Equity Investment Companies, said: “A final decision has not been made yet on receiving dividends for the year 1999, but a special working group has been scheduled to be formed by the Supreme Council of the Stock Exchange and the Exchange Organization next week.” Justice shares will also be present in this working group.

He said: ویژه The special working group will be responsible for collecting the profit of the performance of the investable justice companies and this profit should be properly and as soon as possible transferred to the account of the shareholders of justice and the beneficiaries.

A spokesman for the Association of Provincial Justice Investment Companies said: ‌ The process of receiving justice dividends and distributing them among shareholders is separate from the process of trading equity shares in previous years when justice shares were not yet released. It does not matter whether the shareholder of justice has chosen the direct or indirect management method or the shares of justice are in his portfolio or not shown until the shareholders of justice share the profits of the companies are collected by the working group and transferred to their accounts.

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