The impeachment of Fatemi Amin turned the stock market green / Industry’s optimism for the change of the minister is silent
According to Tejarat News, after heavy lobbying today, the impeachment of Fatemi Amin, the Minister of Privacy, is finally underway. Financial markets generally react to political news and the stock market also reacted to this impeachment.
Due to this impeachment, most of the industries in the market, especially automobiles, became positive, and until the moment of this report, some automobile symbols are positive by more than 3.5% and are witnessing heavy shopping queues.
Of course, most experts believe that these emotional positives are due to the impeachment news and are temporary, and the market will return to its normal state in the next few days.
The boom of cars in the stock market
Javad Fallahian, an expert on financial markets, said in a conversation with Tejarat News: “Political news often affects the stock market psychologically. On the other hand, experience has shown that the effects of psychological impressions are short-term.
This capital market expert said regarding the impeachment of Fatemi Amin: “The events of the last few months of the ministry of secrecy regarding the commodity and automobile exchange (cancellation or acceptance of the supply of automobiles in the commodity exchange) had created a kind of uncertainty in the capital market, especially in the automobile industry. Now the perceptions are that due to the impeachment of Minister Sammat, he may get a better situation with the new minister of the automotive industry and all supplies of the commodity exchange, and that’s why this impeachment has been able to have a positive effect on the market.
He emphasized: “These behaviors and the positivity of the market are caused by the psychological perception of traders, and they have a short-term effect and will definitely subside in the long term.”
Will the stock market remain positive?
Fallahian said: “Given these conditions, it seems that the capital market will reach a balance today. Because the stock exchange organization does not have much desire for the growth of the sharp market and only by using tools such as the market leader, the credit of brokerages and the purchase of shares, it brings the market to a positive balance.
It seems that due to the impeachment of Fatemi Amin, we will witness the growth of Sharpy and the positive development of the automotive group in the capital market. Because this impeachment may come to a conclusion and the new minister will agree to sell cars on the commodity exchange and change the sales conditions of cars.
During Fatemi Amin’s tenure, the Ministry of Security has had various positions regarding the supply of cars in the commodity exchange; One day he was in favor and another day he was against this offer. These dual positions of the Ministry of Privacy caused the automobile industry to face many problems in the stock market, and even for several days this group faced negativity and many sales queues in the capital market.
Today, after many lobbies, Minister Samat has finally gone to the parliament for impeachment. Now there are two scenarios, if Fatemi Amin is impeached and a new minister is introduced, the supply of cars in the commodity exchange may start again. This supply can change the financial conditions of car manufacturers and stock exchanges.
Automobile companies sell their products at a competitive and fair price in the stock market, and the difference in sales can help reduce the company’s debt and losses.
The second point is that with the release of cars in the stock market, we will witness the circulation of liquidity in the capital market and the purchase of cars by people.
But if the impeachment is not successful and Fatemi Amin remains in the Somia building, the situation of the automobile industry will not change much, and the debt of this industry may even increase, which will have a negative impact on the stock market transactions.