Shareholders read / 5 important news for the stock market
According to Tejarat News, the stock market is stagnant and volatile these days. There is no significant growth or decline in the market and the overall index is in the range of 1.3 to 1.4 million units. Some experts believe that the market needs a strong external stimulus to grow. In the following, we will read the signals affecting today’s market.
Ali Bagheri Kani, Iran’s chief negotiator in the first intensive diplomatic consultations as part of the second phase of the eighth round of talks on lifting sanctions in Vienna, met with Enrique Mora, co-ordinator of the Joint Commission. A European source, speaking on condition of anonymity, said the talks had been conducted in a good atmosphere over the past two rounds, the approach of all delegations was serious and everyone interacted with each other. The source added that the negotiators had constructive talks on sanctions and nuclear issues and are working hard to reduce differences and so-called parentheses. (IRNA)
Mohammad Khodabakhshi, deputy chairman of the parliament’s program and budget commission, said: “The initial notes of the 1401 budget were reviewed and the deputies agreed to lift the banks’ restrictions on investing.” According to Articles 16 and 17 of the Law on the Elimination of Barriers to Production regarding the investment of banks, due to the negative growth of investment in the country in recent years, the members of the Commission agreed to lift the restrictions on banks so that they can invest through their subsidiaries. (IBNA)
Possibility of power outages in industries
Majid Eshghi, the head of the stock exchange organization, said: “We are not looking for rent for any industry at all, but we can not see a competitive industry such as petrochemicals leave the scene with wrong decisions.” We must follow the formula of feed and fuel prices of petrochemicals and industries by the Ministry of Oil so that there is not a big price gap with rival gas producing countries, in which case we can say that reasonable pricing has been done. (Senate)
Mirkazemi, the head of the Program and Budget Organization, said: “According to the law, we can no longer have 4,200 currency and we can now support it with Rials. Next year, there will be no double exchange rate in the market, a subsidy that Currency was paid, it was not on the table. (Radio)
Salehi, a member of the board of directors of the country’s electricity industry syndicate, said: “Some power plants use fuel oil and have a lot of pollution, but if they do not want to use fuel oil, the power plants will work less and there will be more outages.” If we have problems in supplying electricity, the electricity of the industries will be cut off first. (Trade News)
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