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Investor Relations
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FinancialNews
28-04-22
Expert: Iran expected to see important financial increase by 2024
(MENAFN) In a meeting with IRNA, Hamid Mir-Moeini referred to the grow in profit to the trend of share trading dealings and the aspects impacting it, stating that: “After the downward trend in the past [Iranian calendar] year (ended on March 20), the capital market finally returned to an uptrend in the last days of the year, paving the way for some optimism in the market for the current year.”
Mir-Moeini also stated that, “the resumption of growth in the stock exchange transactions over the last week of Esfand (last month of the Iranian calendar year) was due to the optimism that was influenced by the nuclear talks and this event affected the whole market.”
On the word of Mir-Moeini, in the new year, however, some of the hopefulness around the Vienna talks faded, and this caused a decrease in market dealings, but the share market index sustained its rising trend because of the debate over the transfer of the nation’s automakers and proposing their stocks in the market.
The market expert emphasized that, "there is still optimism about the nuclear negotiations, and this could be a major factor in removing sanctions and improving the activities of companies, which will greatly improve the capital market transactions."
MENAFN28042022000045014228ID1104111903
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