TEHRAN – A capital market analyst says the Iranian inventory market is predicted to be secure within the third quarter of the present Iranian calendar 12 months (September 23-December 21), IRNA reported.
“We count on to see a gradual development in market transactions in [the Iranian calendar months of] Aban and Azar (autumn months), and I recommend shareholders put money into main industries,” Salman Nasirzadeh stated.
He pointed to the present dangers of the inventory trade and added: “The inventory market within the present scenario, together with its constructive actions, is related to dangers, now a very powerful threat which may be imposed in the marketplace is feasible macroeconomic choices.”
He emphasised the measures that may assist the inventory market to comply with an uptrend and stated: “By creating stability within the rules, transparency of knowledge and growing the preliminary public providing out there, it’s potential to alter the development of the market.”
Nasirzadeh acknowledged that with correct data of investing in inventory trade transactions, the capital market could be thought-about as a constructive market within the medium- and long run.
Again in July, Market Analyst Mostafa Safari had stated that trades within the Iranian inventory market will probably be a lot better and extra cheap within the second half of the present Iranian calendar 12 months in comparison with the primary half of the 12 months.
Safari believed that reaching a potential settlement on the nuclear deal can have a constructive impression on the capital market and pave the way in which for vital progress out there.
Following the supportive measures taken by the federal government, the Iranian inventory market has been step by step getting again on observe and specialists consider that the market is regaining folks’s belief.
Market Professional Reza Alavi additionally stated in July that the influx of liquidity into the market and the rise within the worth of transactions point out that individuals are as soon as once more trusting the capital market.
“At current, different markets reminiscent of gold, overseas foreign money, and automobiles are usually not engaging sufficient for traders, and inventory market remains to be place for folks’s investments,” Alavi instructed IRIB.
“After the election debates, folks have come to the conclusion that the inventory market is likely one of the priorities of the brand new authorities, and because of this, they’ve re-trusted this market, and consequently, the influx of latest capital into the market has elevated,” he stated.
He additional talked about the rise within the international oil costs and the steadiness of the overseas foreign money trade market as components that resulted within the stability of the inventory market.