(MENAFN) Iranian Finance and Economic Affairs Ministry has mentioned in an announcement that instabilities in the capital market are ordinary and not every declined in the market index indicates that the market is regularly dropping, as reported by IRNA.
In reply to some pessimistic reports by domestic newspapers around the latest decrease of the Tehran Stock Exchange (TSE)’s benchmark index (TEDPIX) during the last few days, the ministry issued an announcement scolding the stated reports for triggering fears around the future of the share market.
“Inducing doubt about the future of the stock market is not a logical approach in a situation where an atmosphere of hope is becoming dominant [in the market],” the announcement mentioned.
The announcement added, “Contrary to the approach of the previous government [administration], the 13th government has not looked at the stock market as a means for generating income and has always tried to support the capital market.”
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