The lifeless stock market is waiting for money injection / Will 10 stock orders save the stock market?
According to Tejarat News, the stock market started its work green at the beginning of Monday. The total index is in the middle of the market with about 6600 growth units in the channel of one million and 298 thousand units. This is while the value of transactions is still very low and in the middle of today’s market is about 1400 billion tomans. Foolad, Parsan, Webmelt and Shepdis have recorded the most positive impact on the overall index so far. Yesterday, the Minister of Economy unveiled 10 decrees to regulate the stock market, and now it remains to be seen how much these decrees will improve the stock market.
Mohammad Khabarizad, said: It seems that the budget section of the 10 published decrees has an executive guarantee. These are the issues related to feed rates, exchange rates, exchange rates of banks and… items that I do not think will be an obstacle to implementation and will be implemented. But there are also cases for which there is no executive guarantee and we can not be optimistic until we see it on the board.
The stock market expert continued: “The issue of the stabilization fund as well as the country’s monetary policies, which include interbank interest rates, the issuance of bonds, and so on, are among these.” Injecting resources requires that money really enter the market. 20 cash and 50 assets are mentioned, but we have to look at the board. Given that the government currently has no money, it is possible that this sector does not have an executive guarantee.
The stock market needs 10 liquidity efforts
“In discussing monetary and fiscal policies, we also have to wait and see if the central bank really implements these things,” he said. Of course, the central bank has reduced the interbank rate for three consecutive weeks, but its amount is far from the desired figure and it seems that the implementation of this sector is longer.
Khabarizad also said about today’s market situation: “Today’s market started to work positively, but it still suffers from the lack of liquidity in the stock market.” The potential of fixed income funds as one of the arms of the stock market has been weakened due to rising interest rates in the capital market as well as the issuance of bonds. On the other hand, insurance companies also faced a shortage of liquidity, which contributed to a shortage of money in the stock market.
The stock market expert said: “In the first step, they should inject 10 efforts from the resources that are to be given to the market from the stabilization fund, and this money should be seen in the market so that the real ones are also encouraged to invest.” But the fact is that there is no money right now. However, the market is so valuable that there is no specific seller. The stock market is currently under construction to show the impact of its 10 commands in the market.
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