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Bahman Abdollahi said: "preventing the unprofessional comments, preventing the creation of an atmosphere in the exchange rate, fulfilling the promises made to transfer financial resources from the National Development Fund to the Capital Market Stabilization Fund and refraining from profiteering by legal entities will improve the stock market and we will see trading growth."

Tehran, Feb. 17(SENA)-According to the Securities  and Exchange News Agency (Sena) and quoted by IRNA, "Bahman Abdollahi" referring to the actions of the Supreme Council of the Stock Market in improving transactions and reducing the correction of the stock market index and added: The Supreme Council of the Stock Market has a clear description of duties. And so far, he has performed all his duties based on the tasks he has been assigned.

He said: "The Supreme Council of the Stock Market has sometimes tried to make some decisions to improve the market process and carry out its legal duties by holding three meetings during a week."

Abdullahi pointed out: The problems that have arisen in the stock market in recent months have not been due to the governing mechanism of the stock market and the High Council of the Stock market, but based on issues and issues outside the High Council and including variables outside the authority and will outside the stock market.

He pointed to the factors that led to the rapid decline of the stock market index in the market and said: "Some actions of the country's officials, political comments and also failure to take some measures that should have been on the agenda to improve market performance so The limit has entered the oscillating circuit.

Effective measures in improving the trading process of stock market

Abdullahi pointed to the effective measures in improving the trading process of the stock market and added: "One of the most important measures to be taken to return calm to the market and reduce the turmoil in stock trading is to prevent irresponsible people from interfering in the stock market and refrain from commenting that are made regardless of the consequences."

Abdullahi pointed to the inflow of funds from the National Development Fund to the Capital Market Stabilization Fund: "Also, the support promised to transfer funds from the National Development Fund to the Capital Market Stabilization Fund should be implemented, because in the implementation This was done to a small extent and a very small amount went into the capital market stabilization fund.

A complication called the presence of strangers in the stock market

The head of the Iranian Chamber of Cooperatives, noting that one of the complications we have seen in the capital market in recent months, was the presence of people unfamiliar with the capital market and the processes prevailing in this market, said: The surprising growth of the stock market index, the encouragement of the officials to participate in the stock market, caused a large number of people to enter the stock market while they were not familiar with this market.

Advice to shareholders

Abdullahi advised shareholders and said: "Small shareholders who put their savings into the market should wait because we will definitely go through this period in the market and we will not allow this trend to be permanent in the market."

Threatening the capital of millions of shareholders in the stock market with mandatory pricing

Referring to the issue of mandatory pricing and its impact on market transactions, he said: "One of the issues that have affected the stock market turmoil in recent weeks was the issue of mandatory steel pricing, which with this approach, intensifies fluctuations in the market."

The head of Iran's Chamber of Cooperatives said: "Execution of mandatory pricing in the stock and commodity markets is no different, but officials should be careful to support the capital market and shareholders, as well as the country's production, with their accurate and expert decisions."

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