bourseEconomical

Sinking the portfolio of shareholders in losses


According to Tejarat News, it can be said that somehow, from August 2019 to today, the state of the capital market is not good. A stock market expert explains the trend of the stock market and the reason for the current situation.

Hossein Meridsadat, a capital market expert, said: Currently, the first challenge facing the stock market is the central bank and the interbank interest rate. A year has passed since the parliament approved the reduction of the interbank interest rate below 20%, but not only did it not decrease; Rather, the increase in the interbank interest rate was on the rise for weeks. The head of the central bank did not give a clear answer about this increase.

He continued: The next challenge is related to the ministry of silence and vague and unstable decisions related to the commodity exchange. Commodity exchange is a safe place for real buyers and sellers to exchange at a fair price. But the Ministry of Security did not facilitate the conditions for the sale of cars. Rather, instead of answering the problem, he deleted the problem and canceled the sale of the car in the commodity exchange one hour before the process started!

This capital market expert explained: We should ask the directors of the Ministry of Privacy, who and with what means of pressure cancel such an important decision one hour before its implementation, and which law is behind this decision?

Activists’ criticism of the stock exchange organization

Meridsadat explained: All capital market activists have criticisms about the performance of the head of the stock exchange organization, and the one-year performance of the head of the organization should be investigated. Also, the decisions without scientific support, the lack of support for the real shareholder in critical situations, and the lack of ability to fulfill the right of the shareholder in one year of activity of the managers of Saadat Abad Glass Hall are quite evident.

This capital market expert continued: Another component should be addressed, and that is the challenge of the stock market with or without the JCPOA. Today, the stock market fluctuated with a favor from the loss-making shareholder. It should be seen who will benefit from the prolongation of the negotiation process in the capital market.

Murid Sadat, criticizing the indecision in the JCPOA negotiations, said: “The shareholders’ portfolios are drowning in the swamp.” But the question must be answered, whose benefit is the prolongation of the negotiations?

In the end, he said: the stock market in August 1401 is full of attractive opportunities and challenges. We hope that these challenges will become the dream autumn of this market.

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