Will the stock exchange support package be approved?
According to Tejarat News, the stock market started an upward trend today, Saturday. Experts say the stock market will balance by the end of the week.
Also today, Jafar Ghaderi, a member of the Integration Commission of the Islamic Consultative Assembly, referring to the package called 10 clauses of stock exchange support, said: The stock exchange support package was sent to the parliament by the government and was generally approved by the members of the Integration Commission.
The representative of the people of Shiraz in the parliament stated: The most important issue that was referred to the parliament in this regard can be referred to the issue of feed rates, which was generally approved by the deputies.
The stock market reaches equilibrium
Fardin Aghabzargi, a financial markets expert, says about the government’s support package for the stock market: “This package includes the old demands of capital market activists.”
Aqabzorgi emphasizes: the capital market support package will be approved by the end of this year.
“With this package, investors are encouraged to invest in the stock market, and other financial markets are controlled to some extent,” he explains.
The financial markets expert continues: “Also, the excessive increase in interest rates, housing and car prices will not lead to speculation, and investment will go in the right direction.”
Regarding the government support package for the capital market, Aqabzorgi says: “In this package, support includes the impact of the exchange rate, tax on interest on deposits of legal entities, determining the gas feed rate of industries and financial resources resulting from the issuance of bonds or restricting the issuance of securities or marketing and spending resources and government.” It is determined and examined in the stock market.
He emphasizes: after the approval of the support package, shareholders should not expect Sharpe profits last year.
“The capital market has reached a relative equilibrium, and with the approval of this support package, we can not expect sharp growth from the capital market,” says Aghabzargi.