According to Tejarat News, Adalat shares fell by less than 1% in the first week of September. Also, the total index of the stock market decreased by 0.6% and ended at the level of 1.442 thousand units.

The value of the basket of 532 thousand tomans reached 9 million 361 thousand tomans at the end of the working days of this week, the third of Shahrivar. This is despite the fact that the value of this basket was 9 million and 928 thousand tomans last week.

Also, the value of the basket of 490 thousand tomans was equal to 8 million and 565 thousand tomans on Wednesday. This amount was equal to 8 million and 914 thousand tomans in the previous week.

Validation of equity shares

Majid Eshghi, head of the stock exchange organization, stated on the sidelines of yesterday’s meeting of the Supreme Council of the Stock Exchange regarding the equity share validation system and the recent scandals regarding banks’ non-cooperation with shareholders: the infrastructure of the stock validation system in the capital market and its related services are available to all Banks have been placed. Now all banks have the possibility to use the service of the stock verification system, so far it has been implemented in two banks and the rest are waiting for the completion of the legal and electronic infrastructure.

He continued: Providing electronic infrastructure is the duty of banks and the stock exchange organization has no mission in this regard. The notification will be sent by the main branch of the respective bank to the sub-branches.

The head of the stock exchange organization said: The deceased system was supposed to be ready by the end of September, but its full launch requires the all-round cooperation of the judiciary.

Eshghi stated: Since the work of the deceased and the monopoly of inheritance is done manually in most cities and the number of deceased is high, now the relevant authorities are providing electronic infrastructure in these cities.