Iran's stock market grows with inflation
TEHRAN, Iran, May 30
The capital market would grow by inflation, but it does not cause inflation, said the Vice President at Tehran Stock Exchange.
"The growth of Tehran stock exchange index in past two months did not cause a fall in the inflation rate," said Mohammad Godarzi, Trend reports citing ILNA.
"We have advised all investors and newcomers to invest indirectly at stock exchange and individuals who do not have sufficient knowledge of stock market can use experts help," he said.
Referring to newcomers to the stock market who get started investing he says that they should invest through investment funds, while those seeking direct investment should have long-term outlook toward the market.
"Individuals who have short-term look toward stock market transaction should accept the risks; having a long-term outlook means investment should be in the market for more than a year," he added.