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The Vice Chairman of Money and Capital Market Commission of Tehran Chamber of Commerce, claimed the price of stocks in many symbols as worthy and uttered: The market has started its amendment in August after its significant growth and has now reached pleasant prices.

Tehran, March 13 (SENA) – Abbas Argon stated in an interview with SENA: The long-term outcome of this market is better than any other markets and is more efficient, but because of lack of trust from the stockowners and their cautious actions, the conditions are unstable.

This member of board of representatives of Tehran Chamber of Commerce insisted that after the major growth in the index, the ovation to the Capital Market was not used properly and was even claimed as a threat in some periods, therefore, return of trust to the market would take time.

He, asserting that the enters to the market must not include any advertisement, added: The markets are usually connected and in fact, the market and its condition itself would attract people to enter it; hence, the interferences should be minimum. Transactions in the Capital Market based on purchase or sale queue are economically logical and is wrong; these queues normally give signals to people and distances analysis from the market.

Argon, mentioned removing boycotts and the return of USA to JCPOA, controlling Corona Virus and the upcoming presidential elections in Iran as effective factors on the markets especially the Capital Market in 2021, and remarked: The conditions in the next year would not be as difficult as this year and the market will return to its normal flow.

The vice chairman of Money and Capital Market Commission of Tehran Chamber of Commerce predicted: The Capital Market will not experience major fluctuations until the presidential elections of Iran. The budget of next year results in 20 percent plus inflation and would increase liquidity and as much as the inflation rate increases, the index would obey its procedure.

He, insisting on the vital role of Capital Market in the financing institutions, added: If the necessary training is done for the people who want to enter the market and the infrastructure is provided, the resources that enter the Capital Market would be maximally used in the productive sites in economy.

This member of board of representatives of Tehran Chamber of Commerce noted: Via increasing the capital, depriving precedence and the offers of new institutions, the resources can be guided to the production establishments.

The vice chairman of Money and Capital Market Commission of Tehran Chamber of Commerce, lastly advised the investors and stockowners to only put their excess wealth in the market and avoid tension and enter only with analysis and knowledge.

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