TEHRAN,Iran, May 4
Trend:
Iran's general stock exchange trading has no bubble, although there is some irregular growth regarding certain share prices, said former Iranian presidential advisor Akbar Torkan, Trend reports via IRNA.
"The price of some shares has increased by marketing, and stock exchange officials should monitor and control these shares," said Torkan.
"Gold, foreign currency, and housing markets are currently not in a position to attract uncertain liquidities but stock exchange can attract investments," he said.
Torkan said that last Iranian year (started March 21,2019) the stock exchange was in good position, but due to the current recession, investors seek markets with good revenues.
"The stock exchange boom, attracting investors in capital market and flow of vast amount of liquidity would be in favor of the country," he said.
Torkan said that although the capital in the stock market may have little profit but it has less risk than other markets.
"People look for markets that can protect their investments value. Stock exchange market can preserve peoples' savings," he said.