TEHRAN, Iran, Aug. 21
Trend:
Iran expects the stock market continues to have an increase in trade following the decline of the current inflammation of the country's economy.
A member of the Supreme Council of the Stock Exchange has indicated that the stock market is currently in a logical state and it is hoped that the rising trend would continue in the market, Trend reports citing IRNA.
The stock index has improved in the past month by implementing changes in a stock trends that were applied by officials to support trade in the stock market.
"After experiencing many ups and downs the stock market, has now entered an uptrend and is in a good position," said Bahman Abdollahi.
The member of the Supreme Council of the Stock Exchange has noted, one of the factors that affected the growth in market trading was the legal shareholder's good approach by changing their activities and avoiding tension in the market.
Another factor that was effective in stock market trade was the political decisions in the country that improved the index and it has compensated past losses due to the calmness in the country.
"The President's orientation towards supporting the capital market and effort to create stability in stock trading were the most important factors that led the market to stability and we hope it would continue to rise," said the official.