What is the condition for sustainable growth of the stock market? – Tejarat News
According to Tejarat News, last week the governor of the central bank announced the release of Bahar Azadi bonds in the capital market, and today this release is in the secondary market. Commodity Exchange starts. This offer started yesterday.
All natural persons can buy these bonds for a maximum of 100 coins of the new free plan, as well as gold investment funds without restrictions.
Central Bank’s coin bonds mature six months after the initial offering, with cash settlement. The cash settlement price of the bonds will also be equal to the weighted average of the closing prices of all the banks’ coin deposit certificates and Central Bank’s coin bonds in the Iran Commodity Exchange in the last trading session.
Secondary trading of central currency bonds is done in the capital market. Bond holders, if they want to sell bonds earlier than the maturity, can sell their coin bonds in the Iran Commodity Exchange at the daily price.
Coin supply in the capital market
Payam Elias Kordi, a capital market expert, in a conversation with Tejarat News regarding the supply of coin bonds, said: The basis of the supply price is the average certificate price of coins in the stock market. Today’s supply price will be based on the last day’s closing price.
He explained: These bonds have a secondary transaction and will be traded for 6 months from November 18. At maturity, you can choose cash settlement or physical delivery. The settlement price at maturity will be based on the average number of coins traded in the commodity exchange, which of course also has the possibility of physical delivery.
This capital market expert continued: Each real code can buy a maximum of 10,000 sheets equivalent to 100 coins. Each 100 sheets of these papers is equivalent to one Imami coin multiplied by 86. It has marketable bonds that are active in the range of 2% positive and 2% negative.
Is the stock market continuing to grow?
Referring to the difficulty of analyzing the stock market, he said: According to the current conditions, if the support of the capital market is continued, its conditions will be bullish until the end of the year. But without such support, the conditions are not suitable, so it becomes difficult to analyze in the stock market.
In the end, Elias Kerdi said: depending on the ability of the trustees to support, the indices will rise as much as possible in the stock market. Also, the fact that 75% of the country’s capital market belongs to the government is undeniable. In this situation, it should be realistic for the analysis. On the other hand, if there is another jump in the dollar rate, the stock market will also move forward with a delay of 3 to 4 months, and this can affect its trend.