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Iran's stock exchange stabilizes - market analyst

Business Materials 7 June 2021 17:35 (UTC +04:00)
Iran's stock exchange stabilizes - market analyst

TEHRAN, Iran, June.7

Trend:

Following the price reform in the capital market, the stock price has reached a stable rate for long-term investment, said a capital market analyst.

Predictions indicate the stock market would stabilize for small and big investors, said Amir Ali Amirbagheri, Trend reports citing IRNA.

"Investors should know that this would occur in the long term since the market should find an opportunity to stay in the rational course and adjust itself to political and economic realms," he said.

The foreign currency rate is an important factor that affects the stock market. Furthermore, the optimism toward Vienna negotiations has increased therefore it is expected that in short term there would be no outlook of heavy inflation in the economy.

"The tax regulations are another issue that could be effective in the investment environment. Taxes are an important source of the budget that are becoming more significant every year. This issue should be considered by stock companies calculations," Amirbagheri noted.

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