TEHRAN – Iranian inventory market has been struggling for months to get again on observe, nevertheless numerous inner and exterior factors have been hindering this market from reaching its true potential, Iran Chamber of Commerce, Industries, Mining, and Agriculture (ICCIAM) printed on its web site on Saturday.
According to Market Analyst Vahid Halalat, the uncertainty of the worldwide economic system within the wake of the Ukraine struggle, the uncertainty concerning the outcomes of nuclear talks, the unclear state of affairs of the privatization of the nation’s main automakers, and most significantly, the dearth of sufficient consideration paid by the federal government officers to the inventory market are among the many inner and exterior factors which have brought on the capital market to fall behind different markets similar to housing.
Emphasizing that these factors have affected the mindset of the shareholders and brought on everybody to avoid the market, Halalat stated: “Considering inner factors, the nation’s main automakers play an essential function within the inventory market and have an amazing psychological influence; And since their privatization course of has not been realized but, the validity of the complete undertaking has grow to be questionable.”
He additional talked about the potential constructive influence that reaching an settlement in nuclear talks might have on the market, saying: “We hope that the negotiations will come to a conclusion. Because in that case, it could have long-term and short-term results on the inventory market and scale back the return hole that has been created between the inventory market and different parallel markets.”
The analyst burdened that the market is in a stagnated situation, including: “If new developments happen in favor of the market, for instance, a political settlement is reached or the shares of automakers are supplied, it may be an excuse for the market to return to its upward development.”
Overall, in the meanwhile there isn’t a expectation for the market to fall or rise. If nothing modifications, the market will develop over time, he stated.
EF/MA