Banking and insuranceEconomical

The stock exchange organization’s performance regarding stock insurance is valuable


According to the financial news report According to Fars, Jafar Qadri, a member of the Parliament’s Program, Budget and Accounts Commission, stated: retail shareholders are mostly part of the groups that are not yet professional due to the lack of familiarity with the mechanism of trading in the stock market, and unfortunately, they do not have the ability to identify suitable stocks, so it is necessary that the government should side with small shareholders in the issue of the stock exchange and the preservation of people’s assets.

Pointing to the importance of the capital market and the need to support it, he said: Portfolio insurance (combination of stock portfolios) as one of the clauses of the resolution of the Stock Exchange Organization in immediate support of the capital market, is a valuable work done by the Stock Exchange and Securities Organization. and help the small shareholder with a portfolio below 100 million tomans to protect his initial capital from further losses. In fact, with this work, the capital principle is preserved in critical conditions and 20% profit is also given to the micro portfolio.

The representative of the people of Shiraz in the Islamic Council stated: In general, I believe that conditions should be provided in the stock market so that small shareholders do not suffer and the profit floor of the banking system is provided for the investor so that the investor is encouraged to stay in the market and hold shares in the stock market.

In response to the question whether the Islamic Council’s approach to stock insurance is positive, he said: We are in a situation where we have to protect small shareholders. My opinion is positive about this issue and other friends in the parliament often have the same view.

Stating that we should distinguish between small shareholders and major shareholders, Qadri said: When people’s capital is used in the stock exchange in the best way to finance economic projects, the entry and persistence of people in the stock market is important, so efforts should be made to Take care of wisdom in fluctuations.

In the end, he pointed out: Perhaps the best advice for people who will enter the capital market is to enter this market through investment funds and protect themselves from the fluctuations of the capital market.

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