قالیباف

Tehran, May. 16 (SENA) - We need to provide necessary knowledge for individuals before entering the capital market in order to make a wise investment and decrease its risk by using the capacities of mutual funds, consulting and portfolio-management companies, the head of Security and Exchange Organization emphasized.

Dr. Hassan Qalibaf Asl, the head of SEO in 51st advertising and publicizing committee summit which was held with the attendance of the representatives of government sectors in Ministry of Interior, giving a report on increasing trend of the stock market, called the popularity of investment in capital market among individuals, underwriting contract of Exchange Tradable funds (ETF), and vesting the Justice Shares (Saham- e edalat) three major events in capital market in the current year. He also emphasized the necessity of raising awareness and educating the public on this issue.

Nowadays, there is a historic and big change in capital market’s popularity among people which has raised its value to more than five trillion tomans and made its role more prominent in Iran’s economy.

Mohammad Reza Pourebrahimi, current representative of Kerman province in the parliament and the former president of economic commission of the parliament, also described the public’s considerable enthusiasm for the stock market as a great and unique opportunity for the economy and suggested channeling the capitals into real projects, economic firms and privatization of governmental companies.

Ali Aghamohammadi, the member of Expediency Discernment Council declared that the government has comprehensive plans for using the capacities of capital market and that there are no concerns or worries about that. He also said that scaring people away from entering the market is incorrect and unprofessional.

Furthermore, Mohammad Khodadadi deputy Minister of culture Press Division stressed the necessity of collaboration of the media for raising awareness of the public about the capital market’s plans in this regard.

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