گرجی آرا

The director of assemblies and stock affairs of Hezar Dastan Holding considered the basic situation of the country's stock markets companies to be favorable and growing and stated: It seems that the capital market will move in an upward trend with a gentle slope until June next year.

Tehran, January. 24 (SENA)- Asked what new economic and political stimuli are currently affecting the capital market, Mohammad Gorji  Ara told the  Securities and Exchange News Agency (Sena): "The most important thing that may affect the market economically is the possibility." The government's policy of financing its budget deficit will also affect the capital market; because the adoption of some previous policies may provoke inflationary debates.

The capital market expert continued: "Politically, it seems that the market is hoping for political openings and agreements that may happen in the future." On the other hand, with the easing of political tensions, the possibility of military confrontation in other countries has decreased which the market intelligently understands and incorporates in its transactions.

He also pointed to the issue of elections as the next influential factor on the markets, especially the capital market: until next June, when we have Iran elections, investors can choose lower risk stocks and maintain their position in the market. It seems that the downturn in the market is related to the short-term period and in the end, we will see the return of prices.

In response to the question why, despite the historical breaking of the ceiling of world stock market and the attractiveness of stock prices in many domestic stock market companies, the reaction of Iranian stockbrokers is different, he said: "Of course, domestic and foreign market conditions are different and sometimes this The two markets are not clearly related, but the good trend in global stock markets is more in the hopes and optimism of going back to the pre-Covid 19 era, which has attracted demand in international markets.

The capital market expert said: "In addition to this support package for governments, it has created optimism in the markets that the purchasing power of consumers outside Iran will increase and eventually the situation of companies will improve."

The capital market expert continued: "Inside, however, the uncertainties that are injected into the market make the shareholders gradually worried and hesitant to stay in the market." However, mere verbal support from the government will frustrate the shareholders without actually having a positive effect on them. However, shareholders expect regulators to hear their voices in cases such as mandatory pricing to the detriment of producers and shareholders.

According to Gorji  Ara, most of the market law firms, which are subdivisions of government agencies and pension organizations, are criticizing part of their portfolio in the current situation, which has also contributed to the formation of a downward market trend.

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