The president’s government drove away the stock market shareholders

According to Tejarat News, since Tuesday, June 24, the process of exiting real money from the stock market intensified, and after that, in 7 consecutive weeks, which included 35 consecutive working days, the net value of the change of real ownership to rights in the stock market was positive. In these 35 days, 12,222 billion real money was withdrawn from the stock market.

According to Ekhtazannews, one of the central slogans of Ebrahim Raisi’s government was to support the capital market and protect the interests of small shareholders. In his election campaign, the head of government emphasized on protecting the interests of the shareholders, and the members of the government – including the minister of economy and the head of the stock exchange organization – emphasized the position of the president.

Ebrahim Raeesi’s government started operating in the middle of August last year. A government that consists of conservative men. Some of the senior figures of the government were previously in Mahmoud Ahmadinejad’s government, and the young and fresh faces of the 13th government are mostly graduates of Imam Sadegh University. Ehsan Khandozi became the Minister of Economy and Majid Eshghi was appointed as the head of the Stock Exchange Organization.

Stock index trends

In the early days of the 13th government, the stock market indices began to rise. At the end of August 1400, the total index of the stock market grew by 14%. The rise of August 1400 was not repeated in the next year of the market.

At the end of trading on August 12 last year, the index was in the range of one million and 406 thousand units, and on August 12 of this year, the index reached one million and 437 thousand units. In this one-year period, the total index grew by 2% and the weighted index decreased by 4.7%.

Withdrawal of capital from the stock market

From Tuesday, June 24, the process of leaving real money from the stock market intensified, and after that, in 7 consecutive weeks, which included 35 consecutive working days, the net value of the change of real ownership to legal ownership was positive in the stock market. In these 35 days, 12,222 billion real money was withdrawn from the stock market.

But in one year of activity of the 13th government, from August 12, 1400 to August 12, 1401, in 241 working days, 63 thousand and 238 billion Tomans of real money were withdrawn from the Tehran Stock Exchange.