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Secretary of the Economic Committee of the Islamic Consultative Assembly, referring to the red signals in capital market indicators and capital outflows in recent days, said: The stock market is reacting to economic developments and the possibility of escalating conflicts, and shareholders should not make decisions under the influence of market emotions.
The Secretary of the Economic Commission of the Islamic Council, referring to the reddening of capital market indicators and capital outflow in recent days, said: The stock market is reacting to economic developments and the possibility of escalation of conflicts, and shareholders should not make decisions under the influence of market emotions.
According to the report of Ambassador Arjan Hadi Mohammadpour, regarding the fact that the stock market situation was somewhat favorable during the period after the 40-day war, but in recent days we have seen the market turn red and the outflow of capital from this market, could this trend be a sign of the possibility of the escalation of conflicts and people's concern about the loss of their capital? In such a situation, investors' decision-making and people's behavior towards the market can be affected by the news and developments of the day and increase the volatility in the capital market.
According to Ilna's report, the Secretary of the Economic Commission of the Islamic Council reminded: The country has had better conditions in the past two years regarding the stock market and investment. After the war, the stock market got a good status and people with their intelligence did not withdraw their money from the stock market. Because due to the capital increase that happened, they witnessed an increase in public trust. This process showed that a part of the investors, by evaluating the economic conditions and the market outlook, avoided emotional decisions and tried to preserve their funds in the investment path.
He added: Why people suddenly withdraw their money from this market is a matter in which market operators also play a role, and they somehow seek to create fluctuations in the conditions of the stock market. In such a situation, you should not make a decision with excitement. My advice is that people make sure to use their economic advisors, don't make impulsive decisions, and let market conditions stabilize.
The Secretary of the Economic Commission of the Islamic Council stated that there are many reasons, the most obvious and the simplest reason is the war. Other reasons are the increase in currency prices and the high cost of importing basic goods into the country.
He continued: Another reason is our customs issue; In the south, perhaps 60-70% of the country's imports are made through the southern customs, which were restricted and blockaded in the last 8 months, and this issue has also affected the economic conditions of the country.
Referring to the government's policies to manage economic conditions, he said: Another issue is that the government does not provide a strong economic package. Kalaberg has been proposed, but Kalaberg is a temporary housing and does not meet the needs of the people. The issue of supervision is naturally also raised and unfortunately the government declares that there is no problem in the field of basic goods, but in terms of price increase, high prices and inflation, people feel the increase in prices tangibly and the government has no policy here.
The Secretary of the Economic Commission of the Parliament continued: On the other hand, the Central Bank declares that it has no worries about inflation and will offer good packages.
What is the story about the fact that inflation is said to be decreasing and why do people not feel this decrease in their daily lives? Can the half percent reduction in the inflation rate be considered an economic achievement, said: Recently, the Minister of Economy has announced that our approach to controlling inflation will be a positive approach, but what is important for people is to see the results of these policies in practice, and currently we do not see anything tangible.
Referring to the enemies' exploitation of the country's economic conditions, Mohammadpour said: the enemy also uses these economic conditions and transmits and pumps information to the people of our country through foreign media. including the claim that Iran's economy will not survive another 14 days and economic collapse will occur. We completely reject this issue, but in the face of these policies of the enemy and the mischief he is doing, if we have a strong policy, we can manage the situation.
He added: The Central Bank has announced that it has policies in place regarding the distribution of currency among applicants over 18 years old. This issue can be used in a way to confront the political policies of the world, especially the American policies.
In the end, Mohammadpour noted: It seems that exactly the same process has existed in the last 40 years. Every time we have had an increase in the price of currency, we have been sprinkling money, but we have not received a proper response from this policy. Therefore, we have to wait and see what the results of the new policies will be.
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