According to Jam Jam Online, Hojjatullah Saidi, in the ritual of ringing the trading bell in the summer of 1405, honoring the memory of the martyrs of Karbala, the Islamic Revolution and the holy defense, said: the capital market has gone through various stages of crisis management in recent months and has now reached a relative balance; The conditions that provide the basis for the stock market to enter the boom phase.
Referring to the government’s role in supporting the capital market, he said: The most important support for the stock market is to create economic stability, make the business environment predictable, and support people’s livelihood and the real sector of the economy. An approach that has received the attention of the government in the past months.
The head of the stock exchange organization also appreciated the cooperation of the banking network and financial institutions in maintaining the peace of the market and added: despite the challenges, brokerages, capital providing companies, investment funds and stock exchange companies played an important role in the market passing through difficult conditions and maintaining stability.
Big initial public offerings on the way to the stock market
Referring to the future plans of the stock exchange organization, Saidi said: the list of initial offerings has been prepared and soon the offering of large and important companies will begin in the capital market. This action, along with the horizontal development of the market, will help to increase the depth of the stock market and strengthen the country’s economy.
Unveiling of new financial instruments
He announced the licensing of the first investment funds with fixed foreign exchange income and announced that National and Mellat banks are the first institutions that will operate this financial instrument.
The head of the stock exchange organization also announced the unveiling and start of work of “mining concessions” in cooperation with the Ministry of Industry, Mining and Trade, Imidro and the Ministry of Economy next week.
The organization of equity shares is on the agenda
Saidi considered the organization of equity shares and the implementation of related instructions as one of the most important programs of the Stock Exchange Organization and stated: With the support of the First Vice President, the Minister of Economy and the cooperation of relevant institutions, several measures have been taken to finalize the process of organizing the equity shares and we hope that its implementation will be completed by the end of this summer.
He emphasized that the realization of this goal requires agreement and coordination between different institutions and can play an important role in promoting transparency and increasing public trust in the capital market.
In the end, the head of the stock exchange organization expressed hope that the capital market will enter a new stage of prosperity and development in the summer of 1405 and play a more effective role in financing the economy and production growth.
