The stock market is waiting for the determination of JCPOA / loss of glass hall in the 13th government

According to Tejarat News, it was at the end of 2018 that some officials of the country invited people to invest in the stock market. Officials who prioritized low-risk and high-profit investment in the stock market and encouraged a large number of citizens to participate in this market.

But the story was something else. After entering the capital market and after receiving a few percent of profit, investors made losses and many of them are still making losses. Surveys show that some shareholders have lost something like 90%. That is, due to the incentives of the officials, they bought shares at the peak of the price and after the price drop and losses, they are unable to sell.

90% of people’s losses are in the stock market, while the head of the 12th government, Hassan Rouhani, told the people to put all their assets in the stock market! These talks caused a large number of people to enter the capital market hoping to preserve the value of their money. But the important thing is that the free fall of the capital market started from the day people were told to sell everything to the stock market and it is still going on.

Due to the heavy fall of the stock market and at the same time, the shareholders gathered in front of the Stock Exchange Organization and the Parliament, intending to express their protest to the authorities. But in the red days of the capital market, there was no news of the government officials, especially the president and the economy minister of the previous government!

Stock market losses in the 13th government

The fall of the stock market continues in the 13th government, which has increased. Still, government officials do not react to the conditions of the capital market. Only every so often they repeat promises about solving the challenges.

A government that was supposed to solve the problem of the shareholders at the first opportunity and with the first orders to the Minister of Economy, a government whose politicians, before taking power, advertised that the problem of the stock market can be solved within three days and… in this one year to solve the problem of the stock market Only a few promises!

Of course, this is not the end of the story. The capital market in Iran has been severely damaged and confidence in it has been lost. People now prefer to invest their money in parallel markets such as gold and currency. It goes without saying how harmful this situation is for Iran’s economy and industry.

Currently, the situation of all markets, especially the stock exchange, is dependent on the JCPOA. Iran’s economy is fluctuating and in order to achieve stability, it needs to determine the task of the JCPOA as soon as possible.

If the JCPOA is determined and reaches a certain result, the capital market will react as the first market and after that the country’s economy will stabilize.