The stock market is going green! / In the last 40 days, the government has not issued any papers
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According to Tejarat News, the head of the stock exchange organization said in a televised interview that the information of companies should be published in a transparent manner: “In terms of profitability, the situation of companies has improved a lot compared to last year.”
Majid Eshghi continued: Last year’s events in the market have created distrust. There is nothing to worry about right now because the market is fundamentally good and companies are more profitable than last year.
Eshghi said about market law: “During this period, the concerns of legal entities have been resolved through fixed income marketing funds and holdings, and market law itself now tends to buy.”
Regarding the compensation of the government’s budget deficit from the capital market, the head of the stock exchange organization said: “One of the issues that has affected the market is the issue of the budget deficit and the issuance of bonds.” The government budget deficit is not financed from the capital market and most of the budget deficit is financed from other sources. The head of the stock exchange organization emphasized: in the last 40 days, not a single bond has been issued by the government.
“There are ambiguities in some industries and all our efforts are to stop grammatical pricing,” he said of stopping grammatical pricing in the market. In another section, the head of the stock exchange organization stated: At present, government interventions are as minimal as possible.
The head of the stock exchange organization said about compensating the losses of the stock exchange shareholders: “There is an atmosphere of despair in the market and it is a signal that has been formed in the market in the last 20 years and it is not a new event.” Currently, the number of shareholders has increased and 58 million stock codes have been issued, and half of the country’s population is involved in the stock market. Due to the involvement of a large segment of the population, we strive to compensate for the losses of shareholders and the growth and development of companies.
Eshghi said about stabilizing the stock market: “One of the issues that we have to maneuver in is the issue of information and it has been interrupted for the last one or two weeks and we are trying to get people to have accurate information to reduce the impact of rumors in the market.”
“The redness of the stock market did not appear overnight to disappear quickly, but from today the situation will improve and the market will move towards greening,” he concluded.
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