There are many exciting introductions on the way

According to Tejarat News, quoted by Sada-e Azadi, Majid Eshghi added: “Every year, during the days of submitting the budget to the parliament, there are speculations about the budget figures, but these figures are not definite and will definitely have an unrealistic negative effect on the market as a whole.” .

He said: “This year, these speculations have been observed by market participants in recent days and as a result have had an impact on stock trading and its prices, but the reality is that the speculations are not accurate and there is a long time left until the budget is approved by parliament.”

Eshghi added: “Budget figures should be carefully examined and examined first in the government and then in the parliament, and finally, a decision will be made about these numbers.”

He said: “The figures are not accurate and I firmly say that we have consulted with the government and parliament so that the decisions that will be taken in the end will be in favor of investors and shareholders because high fluctuations in these budget figures cause the situation of companies.” To be turbulent.

The head of the Exchange and Securities Organization added: “The government also has a serious determination that the decisions taken will ultimately benefit the companies, and regarding some budget figures such as food prices or mining rights, I must say that these numbers are formulated and in The length of time changes due to fluctuations in global prices and various items, and naturally the sales of companies also change according to the same numbers, and therefore will not have much effect on the final profitability of companies.

Eshghi said: “We are closely monitoring these developments so that we can finally make decisions that are fully consistent with the profitability of companies and do not harm them.”

The head of the Stock Exchange and Securities Organization added: “The budget is being reviewed by the government, and after the government, it has entered the specialized commissions of the Islamic Consultative Assembly, where it will be further examined. No final decision has been made on budget figures, but we have consulted with the government.” And the government is determined, given the stock market of 60 million shareholders, that its decisions must be in favor of the shareholders.

Referring to the recent events caused by car order pricing, the head of the stock exchange organization said: “Order pricing has been eliminated in many industries and we are only involved in this issue in a few industries, but good decisions have been made in the government and hopefully it will be implemented in the next few days.” شد.

Regarding the car, he said: “Obviously, there was an inconsistency in the way it was implemented. The problem has now been solved and the way it is implemented is such that eventually both consumers and shareholders will benefit, and manufacturers can breathe a sigh of relief.” It will increase production and the decisions made will be in the interest of the market.

Regarding the petrochemical feed rate, the head of the Stock Exchange and Securities Organization said: “In this regard, there has been a specific formula based on the feed rate for the past few years, and this formula changes with increasing global prices and changes in domestic prices.”

Eshghi added: “Since the beginning of the year, the price of petrochemical feed has increased naturally, but in the end, their products also had a price increase, which ultimately did not harm the profitability of companies, so no new decision will be made in determining the feed rate of petrochemicals.” Petrochemical and steel fuels There are speculations that, since the budget tables have not been published yet, we are pursuing that these decisions will not harm the profitability of companies and we believe that as companies’ sales increase, so will the cost price. We will not even have next year.

Continued profitability of listed companies until the end of the year
The head of the Stock Exchange and Securities Organization said: “I can say with confidence that the profitability trend of the companies covered by the stock exchange will continue until the end of the year, and according to the recent approach and decisions of the government, this trend will continue next year.”

Majid Eshghi added in the interview: “The eight-month report of listed companies has now been published on Kedal website, according to which, all companies are in a very good condition and even many companies have sold 100% more than the same period last year and have good profitability.” The ‍P / E ratio of the market is very low and the numbers are very attractive to buy.

He added: “The factor that caused the market to face a shortage of buyers is the ambiguity that arises, but we assure shareholders that the profitability of companies will continue until the end of the year and according to the recent approach and decisions of the government, this profitability trend until the end of the year.” The future will continue.

“The shareholder has a right to worry because ambiguity destroys investor confidence, but the government is determined to support this market, and we have had a number of correspondences with various relevant ministries about policies that could affect the capital market,” Eshghi said. , To act in such a way that this market is not harmed and policies are transparent.

He added: “We have also had correspondence on the issue of refineries so that their bills are transparent and published in a timely manner, and we followed up on this issue with the Ministry of Industry, Mines and Trade to eliminate concerns about the companies’ profitability by the end of the year.”

According to the head of the stock exchange organization, despite the power outage last summer, the companies’ revenues and sales have increased compared to last year.

He also pointed out that there are speculations about the impact of gas and electricity cuts on industries, adding: “In this regard, the real effects should be seen because despite the problems that arose for some companies, their situation is good.”

The head of the Exchange and Securities Organization also announced the launch of attractive start-ups in the near future, which will be done in the field of shares of startup, knowledge-based and technology-based companies, and said: The market will be done because we believe we should not put extra pressure on the market and the initial offers will be made in proportion to the market tension.

He added: “By removing the existing ambiguities and gaining the confidence of investors, the market will be more attractive.”

Eshghi also said about the publication of banks’ financial statements on Kedal website: “We have a joint committee with the Central Bank to follow up on capital market issues because a large part of this market is influenced by the central bank’s policies and one of the measures has been considered and one of the main issues.” This committee is the transparency of banks’ financial statements.

He added: “In the matter of exchanging the exchange rate of foreign exchange assets of banks, one of the serious decisions of the Exchange Organization was that according to the problems that this has created in the last two years, this rate should be corrected and we have reached a common point with consultations. There are some expert points that will be resolved in the near future to correct the exchange rate, which will ultimately benefit the transparency of banks and the capital market.