in the name of allah, the most merciful, the most merciful. good morning . welcome to the capital market news. the head of the stock exchange organization announced the formation of the national financing council. according to mr. eshghi, this council will be created based on the production and infrastructure financing law, which has been approved by the guardian council. this law also regulates the capital increase process of listed companies. the creation of a supreme council called the supreme council of financial expansion was

created to create better coordination between different institutions in the discussion of decisions related to financing, the discussion of the guarantee funds seen in this plan creating an institution that can guarantee the publication of all kinds of exaggerations, from now on, companies that increase capital from accumulated profits will increase this part of the income. the situation of the small and medium stocks of the market was better than that of the index on the first trading day of the week. in saturday's trading, the yield of the weighted index was 18 percent and the total index grew by 3 percent . real money entered for the sixth day. the total and weighted indexes

of the glass hall had a positive trend on the first trading day of this week, and the symbols of small and medium stocks were in the best position compared to the branch makers. on this day, the main indicator of the stock market is 652 the unit grew and reached the level of 2 million and 3498 units with a positive yield of 3 hundred percent. the indicator is also the symbol. if the trading price of small stocks is the average of the market, with a positive return of 18 hundred percent , equivalent to 1395 units, it was at the level of 765 units. on this day, the glass hall witnessed more than 8.160 billion shares and financial bonds change hands in 371 thousand times with a value of 5800 billion tomans. family symbols tasiko se dasht and fayra have the most positive effect on the index.

having a whole and in front of the symbols of shepna shasta and beh mellat and camels prevented further increase of the total index. indicator capital inflow and outflow at the end of trading on saturday was positive for the sixth day in a row and 36 billion tomans of real money entered shares and preemptive rights. also, 87 billion tomans of real money was sent to fixed income funds. during saturday's transactions , the largest amount of real money entered the groups of transportation and warehousing, bulking, etc. the real money was made from the groups of mutual funds of automobile manufacturing sectors and banks. the status of the symbols of the glass hall also indicated that there were 319 positive symbols and 459 negative symbols so that the market witnessed 59% of its symbols becoming negative. also 79 icons with purchase page and 33 symbols faced the sales page. the total value of buying pages is 189 billion tomans, the total value of selling pages is 154. ghazal arab gol of the sed and sima news agency

, the director of the supervision of the stock exchange organization , announced the cancellation of the initial offerings in the capital market. mr. masoumi khangah said that until the conditions of the capital market are favorable, there will be no supply. according to khanqah, whenever the market conditions are suitable and the initial supply is attractive, the supply will be done accordingly. khanqah considered the reason for this decision to support the market and shareholders and said: the market should have enough traction for the initial currencies. and new liquidity enters the capital market so that the original currencies are resumed. tavanir company injects 5 thousand billion rials into the energy exchange in the second week of may. this news and more in navid khaleghi, head of the

broker affairs department of the securities and exchange organization , will be released in the coming days. the activity of the 10th new company and establishment of brokerage is issued and this brokerage can start its activity after going through the administrative procedures . mohammad hossein sadraei, member of the board of directors of the tehran stock exchange, the number of financing projects increased in 1402 with the issuance of 40 sukuk, but the volume of financing companies from this route have been associated with a decrease of about 20% compared to 1401. iranian capital market news base, senate, the training course on the release of financing tools and jurisprudential considerations in the stock exchange organization and for financial institutions under the supervision of the capital market, topics such as business training and financing jump were discussed and investigated.

mostafa rajabi mashhadi, ceo of tavanir company, 5 thousand billion rials will be injected into the energy exchange in the second week of may. in the past, the value of electricity transactions in the energy exchange reached 121 billion tomans. ali akbar alwandian, secretary of the country's cement association, recipe manpower is the main factor in reducing the profitability of industries. mandatory pricing leads to the withdrawal of liquidity from the capital market. reza khajeh naaini, vice president of management and resources development, ministry of economic affairs and finance. productivity of the government's assets is one of the priorities of the ministry of home affairs, and the minister himself has a special emphasis on this. gholamreza mesbahi moghadam, a member of the expediency council, 70 billion dollars are kept in the form of money and gold in home safes and bank safes. by

identifying the investment capacities, the field of people's entry into the production sector should be funded in a cooperative manner to provide the project through the stock exchange and capital market. the first car launch in the commodity exchange in the new year. today, sunday, 9th day of behesht, 30 faf tractors will be sold in the commodity exchange at a base price of 4 billion and 778 million tomans with a prepayment percentage of 10%. according to the announcement of the commodity exchange , the applicants could place orders until 8:00 am today, and the brokers had to. from 8:30 a.m., that is, to block the received orders. each national code can only buy one car and each national id can buy up to 3 cars. people who

succeeded in buying a car in the previous offers in the commodity exchange can also place an order. halls of the iran commodity exchange on the first day of the host week. it was a product. in the industrial and mineral hall, 1 million 10 thousand tons of goods and products, including iron ore pellets, sponge iron and bloom ingots , were displayed on the display board. 2159 polymeric and chemical materials were offered in the petrochemical and petroleum products hall. in the auction hall, we again witnessed the satisfaction of 286 thousand tons of iron ore concentrate and iron ore kiambatum. it was granulation. the table of the export hall also recorded the supply of 23 thousand tons of non-rebar. the presence of 18 companies scholars in the capital market. the vice president of science, technology and economics of the presidential knowledge base announced this

news and said: this year, the number of stock exchange knowledge bases will increase. fortunately, considering what happened. the creation of specialized markets that were created in the stock market last year, as well as the special indicators that were defined like the symbol of scientists and the index of scientists , has gained a very good momentum. the last statistics that i had until a while ago, 18 of our companies are present in the capital market and i hope this number will experience a growth of at least 100 by the end of the year, god willing. end of news. god save the capital

iran's honorable coach. telegram channel is playing with the whole country, why is there no pricing in these 6 months? your question is an interesting question. you are the manager of the football player. we do not want any kind of treatment. we do not agree. in the name of god, greetings and respect to you , dear and respected viewers of the higher program , we are at your service with another debate on the topic that the tariff and commission of internet taxis should be determined by another entity. like the competition council , an issue that we discussed several times in this program , it has supporters and opponents

. i am in a hurry option, the competition council has announced that it has had discussions with internet taxis, the same thing about internet taxis, in the programs we had, there were critics who said that this should not happen, that there should not be an institution that sets prices, on the other side it was stated that these companies have a monopoly market and an institution must come to enter and set prices . we want to discuss all these issues in the debate of this part of the program. i invite you to accompany us until the end. taxis they have an online presence as opposed to the entry of the competition council, agreeing that the internet taxi companies themselves should determine their prices and definitions and their commissions, on the opposite side, mr. atziri, an expert in the field of business, is in favor of the entry of the competition council and opposed to the fact that the companies themselves naturally set the prices. do or competitive and

what is the reason why you are against the entry of the competition council. in the name of god, i say hello to you and dear viewers . in my opinion, the internet taxi market is by no means a monopoly market, and if we generally have the number and figure of intra-city transportation let's see that how many. there is something about 90 to 100 million urban cash transfers per day . internet taxis generally have a maximum of 5% of this, that is , snap and tabsir, if we want to take each other's number of trips, forgive me. the 100 million trips that you mentioned, the metro bus, all of these are included. everything together, yes, everything with everyone, and if we actually put the metro aside from the other trips that are being made, 75% of the trips are personal trips with people using their own cars outside of the attack. the quotes that happen during the day, as a result, it is not really true that we say that transportation is only with internet taxis.

it happens and because it is only happening with online taxis, it is exclusive, it is not such a thing at all, that is, people actually have the choice to use the offline market or to use a private car, which has 75% of the transportation, this is how it happens. internet taxi market is only 5% of daily transportation. i am strongly and strongly against the entry of any type of regulatory body into pricing, both in general and especially in the case of internet taxis, and if i want to tell you, one of the reasons why internet taxis are successful in the world is price control. their pricing is called dynamic pricing, which is one of the most effective types of pricing, that is, in a very specific way. it equalizes the supply and demand in internet taxis. one thing that

we have several programs on this topic is that these companies that mention one or two companies or companies and a lot of the market is not between a wide market and an all-round entry. naturally, their opinion is that this market is not a competitive market, you see, this market is the first to grow, that is, the internet taxi market , even with the government's own indicators , i want to give an example. if the country's economy becomes a digital economy, today only 5% of transportation is done online , which means that if this market wants to reach the government's goals, it should take another 10% share from people who are taking their own cars out of taxis, buses, etc. in fact, now even the metro and in order to be able to achieve this growth, any mandatory pricing actually not only hinders this growth.

dear viewers of this program, i would like to tell you that in my opinion, this market is definitely a monopoly market , therefore, i would like to tell you that it is a monopoly market, that you should see taxi. internet or in general agency taxis that actually take you door to door from one place you want to another place, this is a different product. like public transportation, like buses, like the subway, like , in fact, private rides, each of them is a product for itself and forms a market for itself. the taxis are actually closed. now i don't know what to call them. internet taxis

are not necessarily internet taxis. now you may assume that the agencies that used to exist, that we we used to use it with we used to call , we would come, we would go from the door of the house to another place . in fact, internet taxis have replaced them in a way. i know that they are also in this market because their function is the same, that is, their function is to do what they want to do, to provide the service they want to provide. that they are offering, one platform has changed, one platform has changed, but now many of you don't see much effect from those traditional agencies, but anyway, if we consider even them, this is a product, that is, the work of a taxi agency, taxi agencies , taxis, courses, this one with

the ride actually takes me from the point a to the point b that i want. this is a commodity. this is actually the subway and the bus. for example, let's assume that a private car cannot be replaced. these are our other choices. this is a market. let me give you an example. look at another area. in another area, let me give you an example : gold coin, quarter coin, half coin, all of them are called coins, and they are all gold, even melted gold, but each of them is considered a different product in the market, each of them has the same prices here. we are talking about taxis, internet taxis now, or whatever their friends call them let's say these are one product, bus is one product , metro is one product, now these products may be complementary products or substitute products, but in any case , we have a market in the field of internet taxis

, and this market should not be confused with the markets of, for example, metro buses, and in this we are witnessing a monopoly in our market, because we see that the entire market now, the vast majority of the market is actually being done by internet taxis, and most of this is again by one of the companies, 90% of this market is in the hands of one company. in these conditions, we are definitely faced with monopoly, and then we are faced with the price the pricing is also happening by the platform itself , it is happening by these companies themselves, so we are facing a monopoly, and the pricing is also happening by themselves, and therefore, i see these monopoly conditions as really necessary, which is an intervention in this market. it should be formed so that the competition council or anyone can intervene. thank you, sir . if you are interested in seeing, a monopoly is a monopoly when i

have no other choice for the product or service that i want. personal. and at that time he stopped and said if only i i can use windows, and windows doesn't give me any other choice, for example, on the internet browser. this means abusing the monopoly in transportation when one transportation method is 5% of the total transportation that is happening. this means that people have the right to choose. the right to choose comes from the fact that, sir, i want to go to work and take snap to see the price . it is high. my right to choose is to go with my own car. my right to choose is to go to the street and catch the bus. this is my right to choose. whether to call the same internet taxi or go to get a taxi, when people have the right to choose, there is no way to say that this is an exclusive market and by the way, a very

interesting point is that the pricing is opposite. according to mr. atziri, based on whatever the internet taxi company wants , the pricing is based on the balance between the driver coming to the market to offer the service and the demand of the people to get that service. i will give you an example. let's take a peak traffic time as an example, for example seven in the morning when everyone wants to go to work. that this pricing is done by an institution that wants to use traditional algorithms or ask for the price if he fixes it and enters, practically, this will make the price not attractive enough for the driver in the rush hour to wake up and come out and ask for a price that will end up costing more than that price, so he stays at home and practically

this people who are deprived of one of the methods, now the rush hour is passing and the drivers are coming to the street now, for example at 10 o'clock, now the number of drivers is more. automatic price. he goes downstairs and there are people there if the price is lower, people will use it. if the price is high, people will not use it and the taxis will be left without passengers. the whole dynamic pricing algorithm of internet taxis is based on balancing supply and demand. the companies themselves do not play a role, for example, because the price is high. the benefit of the companies in the commission they get means the benefit of the company, for example, we can see that more rent brings more profit to the company. it does not cause the company to ask for a price increase. you should consider that the minimum experience i have in internet taxis is because the prices change over time. in any case, the courier can't go higher than a certain limit

, because people can't spend it any more, they can use a large percentage of that commission. you can go and see, it means that public information is a major percentage of that commission. giving an incentive to the driver to come out again during peak hours means that we assume that whatever the price goes up, first of all, for example , they will take 15% of the price, which i would like to point out that the 15 % that internet taxis in iran have. may they take the lowest percentage of internet taxis in the world , i.e. uber and lyft, and if we take this as an example, their percentage is between 25 and 30% , they have the lowest percentage in iran . tell the driver to pick up the passengers when he comes out, if there is any intervention by the competition council or anyone else in this market

, it will completely destroy the balance between supply and demand, and finally the smoke will be in the eyes of the people. how come you can't take snap anymore, you can't take tapsi anymore or there is something that happened in turkey , because of the same kind of strange surveillances that are placed on internet taxis, today you want a taxi. motabher takes money separately from you in his personal account, we want this to happen if we want it to happen in internet taxis, he has to spend the price for the driver, spending the price for the driver with the supply and

demand is actually fixed, and returning the commission that is actually paid by the taxi companies they are giving the internet as an incentive, otherwise there will be all kinds of lack of transparency, and now you have to pay me more to come, otherwise i won't come. the stories will come. thank you very much, mr. etziri. how much do you agree? you are interested in your order, mr. alagband, in the field where they say that pricing is completely dynamic and companies actually do not manipulate the price as it is said by its critics. platforms are now a facility, both the platforms are in fact , in fact, the facility to use them, and in fact, this dynamic pricing model that they say has been created. there are achievements that information technology is actually for we have had and he has given us corrections, but to tell you the truth, i don't have a problem with this, but my point is that

i don't think it has the transparency that you say , which means we don't know how this algorithm is pricing. algorithm may set one price in your company , another price in another company, different prices in one company , the prices are different in these companies or it is possible. you actually request a trip, you wait for a long time , no one actually accepts your request, and you request again, and you see the price completely. it has become different, while it seems that, for example , we did not enter the peak price now, or, for example, many times you see that you have a request and you wait for hours, and in fact, your request is not accepted by anyone, or that we have just recently we can see that, for example, i have the rush option , when it is removed, it actually creates a serious difference in the price rates, and i will explain it to you. yes , no, i know. the user

is not clear that this is actually this. how is the pricing? it happens, and according to the words of friends, is it actually this algorithm itself, and now this algorithm , anyway, if it has an algorithm , i don't want to say, in fact, the intervention that wants to take place must be in such a way that a command price in all hours should be the same, for example , this algorithm can be developed by the institution that wants to set the price, that is, it can actually create this price based on the parameters it wants. do it and give it to you, and you don't have to worry about pricing anymore, then the regulator too. he realizes that in fact , the regulator knows what is actually happening , what price he is giving, he should respond to the price, and by responding to the regulation , you will see that we do not know how that algorithm is working. it is not a correct argument that so it is not clear because it is very easy to understand

how that algorithm works. this is 30 seconds to tell you how that algorithm works. the key number in this case is the filling rate of the customer's request. there is a term that foreigners call fulfillment rate, which means that you can do whatever you want what percentage do you accept the driver? in this internet taxi company, we used to call it afrit. in order to make the price of supply and demand the same, this product should be around 70, that is, if i want it, it is my price. as the saying goes, the price should be reasonable and the free price should be a reasonable price. this should be fair. it should be around 70. so, out of every 10 requests i have, i will give 7. the driver will accept. what does the algorithm do? please remember that 60% sometimes reaches 40% in the traffic plan during peak hours

it means that out of every 10 people who accept this because it is not attractive to the driver, the price goes up piece by piece . when i was there, the number of trips was 4 million trips per day. right now, you can see that it is rising from efrit. when it reaches 60, 65, and today in this internet taxi , this number is 634.

they develop the product themselves, which means 15 experienced technicians , mostly from first-class universities in the noble country of science and industry, and they are working on these algorithms. they use artificial intelligence , they use machine learning, and in my opinion , it is not right at all to say that we will give this algorithm and these children to the regulator in the government sector, if they say to do this, then they must stop this. you won't see that the regulator doesn't necessarily have to actually sit down and write the code, or for example , this algorithm can come to my regulator. in fact , give this service to a company. it's not the job of the regulator. why isn't it the job of the regulator? when he sees a a monopoly is actually created in the market, then its duty is to now, this intervention may have been in the traditional way, that he used to set the prices by order , but this time, he can intervene in another way. what you are saying is to create a company, so why not monitor this, the method means that.

the children who are in these internet taxi companies should come and monitor the taxi to this algorithm that is being developed. this algorithm is inside your company. it is one of these platforms. in fact, i made a mistake. yes, right. i mean, when this algorithm is inside these platforms, whether you like it or not, it can create a conflict of interest. whether you like it or not, the regulator's supervision is its work, the supervision is not necessarily accountable. for example, let the competition council look at whether it is working properly or not, because mr. etziri's suggestion was that, for example, the competition council should come and hire these guys, develop the algorithms , hire them myself. how that is, give them an algorithm. for example, you can use this service as a service.