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Managing director of Sepah Bank brokerage company claims that the emotional onset of stockowners, the temporary outgo of money from the Capital Market and importing excessive liquidity can not create an illogical condition in the market and it would stay on its natural flow.

Tehran, November. 11(SENA) – Azim Sabet, in an interview with SENA, compared market’s efficiency in the last few months and stated: In the last months, the index and the average price per share has decreased, but this does not mean that the profitability of the market is now negligible; because the parallel markets showed with their hyper-drop and monthly efficiency drop that they are thoroughly unstable.

He added: From the first of April, the procedures of transactions went unexpectable and uncontrollable, in other words, there was a daily import of liquidity to the market, which created increase in the price of shares and bubble for some symbols. Therefore, price amendment for the index was predictable and today’s issues in the market are nothing unexpected.

Managing director of Sepah bank brokerage cited that logical benefit is a characteristic of stock market, but entrance of numerous liquidity sources in the market and pricings out of the analysis, is completely offside. However, political occurrences have also a direct influence on the transactions of the market. The USA election coincided with the time that the prices are worthy and would place the market on ascending flow, thus, we can name this happening as a sectional shock.

He continued: It is better for the stockowners to patiently follow a long-term investment. It is hoped to have an improvement in the economy conditions that as a result of this betterment, we would confront a more advantageous economic situation and the Capital Market is also a part of it.

Managing director of Sepah bank brokerage also noted that the recent drops are exhibiting liquidity exit from the market; but this does not reflect the meaning of its entrance to other markets, but the stockowners are only waiting for better circumstances to import their wealth once again in this market.

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