دارابی

Pouyan Darabi stated: A huge number of shares has not yet confronted the effect of the currency exchange rate’s growth and would be ascending; thus, the Capital Market is still an attractive one for investments.

Tehran, November. 04 (SENA) – Pouyan Darabi, in an interview with SENA, claimed: Currency’s condition in the country is favorable, in other words, the currency income is now enough, but because of the blockage of money and the limitations of transferring it, the dollar exchange rate has increased.

He, insisting on the influence of currency exchange rate on the future of the Capital Market, cited: Considering that the dollar exchange rate confronted a 70% increase and reached more than 300 thousand Rials, caused adjustment in the value of companies and the shares of some is now worthy based on their wealth. Since the Capital Market had a long-term amendment, this market is still attractive for the investors. Market making is also being done which makes bourse even more interesting and logical than the other markets.

This Capital Market analyst claimed the current condition affected by two factors and uttered: Currently, sanctions and the currency exchange rate are the two effective and influential factors in the procedure of the Capital Market, however, the Corona Virus pandemic had an obvious effect on the decrease of companies’ activities, but this factor was not only effective in our country, but also was for every and each country.

Darabi, lastly, suggested to the stockowners that do not have enough acquaintance with the Capital Market, to use investment funds and the professionals in the market to prevent any emotional acts and illogical fluctuations and be able to gain interests with a minimum risk.

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