Reviewing the record of the government in the capital market / does a chairman in the stock market get a passing grade?

According to Tejarat News, Chairman’s performance in the stock market Tehran is one of the most controversial parts of the 13th government’s one-year record in the field of economic management of the country.

The capital market went through challenging days in the last year. In such a way that many people of Bursa, who initially had high hopes for the realization of the president’s slogans in the field of economy, will strongly criticize his performance in the last one year.

Many shareholders gave the gift of the stock market. Some others have parked their money and are waiting for the assignment of the JCPOA, and some are still trading in the stock market under the influence of emotions. But many experts believe that the only group that has gained the most from the capital market are the swingers.

According to most experts of the stock market, the state of fear and hope of the economy in the past year made the capital market not to suffer from this uncertainty. In such a situation, first of all, the shareholding body loses its trust in the market, and some profit seekers take advantage of the ambiguous situation of the stock market. Therefore, it can be said that the macro performance of the government in the last one year created a situation in the stock market where the game ended in favor of speculators and oscillators.

On the other hand, this confusing atmosphere, along with the low return of the market, deprived the majority of shareholders of their trust in the stock market. Trust, which, from the point of view of most experts, is the biggest capital of markets such as the stock market, and its loss will cause great damage to the market.

3 different phases in the last year

The Tehran Stock Exchange has changed phases several times since the 13th government took office. The first stage was related to August 1400, when Ebrahim Raisi started his work as the president in Pastuz’s office. During this period, the index of the stock market and OTC was going through an upward trend.

But it didn’t take long for this process to enter another phase and simultaneously with the introduction of the cabinet to the parliament in the last days of August last year, the index entered a downward phase. This phase continued until the winter of 1400 and it can be said that the stock market managed to get rid of the downward trend in the last days of 1400.

The second phase, which started in March 1400, continued until the end of May this year. During this period, the Tehran Stock Exchange once again saw a total index of 1.6 million units. But the market could not maintain this strategic and vital range and once again entered the downward phase.

The third phase also started in June last month and has continued until today. Now, most analysts predict that the current conditions of the stock market will continue until the task of the JCPOA is not determined.

Chairman’s performance in the stock market

In the one year since Seyyed Ebrahim Raisi’s presidency, the capital market faced a not very favorable growth of the total index. The comparison of the 6% growth of the total index compared to the rampant inflation of the last year indicates that the investment situation in the stock market is unfavorable.

The unfavorable performance of the market in the last one year caused the investors who had a thousand hopes and dreams for Raisi and his promises to lose their trust in the Tehran Stock Exchange. There are many signs of losing people’s confidence in the stock market, the most important of which is the flood of real money from the market.

But the more worrisome point is the existence of evidence of the continuation and even intensification of anti-trust policies in the market. The evidence that stopped the entry of money into the stock market and this point can be a deadly poison to the capital market.

All this is in a situation where 10 of the direct and indirect presidential election slogans were used to improve the stock market situation. But stock market activists believe that almost none of those 10 slogans have been implemented in the market. Even in some cases, such as the issue of mandatory pricing, there are observations of the government’s actions contrary to what it had promised.

Who was it, who was it, it wasn’t me!

This situation in the last year caused many people to lose their confidence in investing in the stock market. Many people preferred to leave the market forever and maybe temporarily despite heavy losses.

The totality of these events was not such that the performance of the president’s government in the field of the stock exchange can be evaluated as satisfactory. It can even be said that this performance was much weaker than Raisi promised.

Today’s promises have become “who was it, who was it, I wasn’t there” in the stock market. The 13th government is also trying to convince the shareholders, which is the cause of the current situation of Hassan Rouhani and the 12th government. But will the shareholders who are burdened with losses accept such an explanation from the President? And most important of all Chairman’s performance in the stock market Is it acceptable to people?