Tehran (IP) - Iran's Finance, and Economic Minister Farhad Dejpasand said that fluctuation is in the nature of capital and stock markets.

Iran Press/Iran News: Iran's Finance and Economic Minister Farhad Dejpasand, on the sidelines of the cabinet meeting in response to the reporters about the recent fluctuations in the stock market and government actions in this regard, said: "Fluctuation is in the nature of capital and stock markets, in other words, this market is mainly based on shareholders and stock suppliers' actions."

He added: "The government is trying to move these fluctuations in the direction that indicators and activities become a stable and growing market with the laws it passes."

Dejpasand said that part of the uncertainty is due to comments that have been made in some intervening capital market affairs, adding: "This also causes the natural and micro shareholder to suffer losses, and if we defend the interests of real shareholders and we are wise to refrain from making comments that disrupt market transactions strictly.

He added: "Some shareholders were concerned that the trend of the index might be continuously declining, but I say here that we should note that what gives us hope are the plans that we have to offer."

Announcing the new initial public offerings of the stock exchange, Dejpsand added: "The Supreme Council and the Organisation of Stock Exchange have plans that 100 companies can be offered as an initial public offer by the end of this year."


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