Iranian government intends to evade precedence in stock market pricing


(MENAFN) On Sunday, Nov. 14 Majid Eshqi announced: “The government's policy, in the long run, is to avoid pre-ordered pricing. This policy has been repeatedly stressed by the president and the government's economic team and has been placed on the government's agenda.”

In refrence to Mr Eshaqi, supply and demand must be the sole factor in deciding the cost for a stake.

He further added, “We need to move away from imperative policies so that companies can be profitable in the long-term.”

During the previous year and three months, ongoing inflexibilities in Iran’s stock market have driven investors, specialists, and researchers to agree that the regime must not intervene in the stock market, declaring the regime’s previous and improbable pricing of a number of country-possessed stakes is the essential cause for the capital market’s present descending trend.  

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