دهقان دهنوی

In the latest meeting of high council of bourse four crucial subjects were announced and decisions were made for them.

Tehran, Feb, 08 (SENA) – As SENA reports, Mohammadali Dehghan Dehnavi mentioning that from Saturday, February 6th, the fluctuation range would be changed, remarked: According to the ratification of the high council of bourse, the purchase fluctuation range would be minus 2 percent and the sale fluctuation range would be plus 6 percent. However, the decisions of the high council of bourse are implantable after 72 hours and based on this, this decision would be done from Saturday.

He continued: Referring to the decision of high council of bourse, the changes of the basis volume would be in the access of securities and exchange organization so the changes would be made based on the conditions of the market. Also, the credit of purchases of brokerage companies are changed to 60 percent.

He, stating that observing the Capital Market is the duty of SEO, cited: Decrease of sale fluctuation range to minus 2 percent is to give the investors more time for studying and analyzing their stocks’ conditions and do not lose the value of their wealth.

He insisting on the systematic procedure of supervising the market, added: In order to prevent illogical behaviors, we are trying to upgrade our systems and the supervision is constantly continuing.

Omitting the Ordered Pricings

The head of SEO uttered: The products that are offered in the commodity exchange, are out of the pricing’s procedure; we hope that with the cooperation and interaction of the different institutes, we would see development and deepening of the Capital Market.

The Center of Minor Stockowners Would Be Established

Dehghan Dehnavi, mentioning that the stockowners should legally and systematically follow their expectations, claimed: The initial proceedings are done to establish the center of real stockowners.

The Financial Institutions Would Be Developed

He, expressing that developing the Capital Markets needs institutions that expands the market as market makers, noted: These market makers are brokerage companies, investment companies, funds, capital consulting and other institutes. Therefore, the procedure of issuing allowances for financial institutions should be precipitated and simplified. Hence, the instructions would be reviewed to provide the appropriate platform to develop the Capital Market.

He, lastly announced about offering the stocks of new companies and releasing the third section of the Justice Shares that these subjects would be implemented referring to the conditions of the market.

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