in the name of god, the most merciful, the most merciful viewers , good morning, welcome to the news of the stock market. the director of inspections of the stock exchange organization announced the access of 40 stock trading codes to confidential information. mr. masoumi khanqah said that by examining the behavioral patterns of investors in the period of may 17 and 18 last year, which led to the fall of the stock market. 40 stock exchange codes are suspected of having access to confidential information, most of which

were related to some government institutions. khangah also said: their names have been given to the judiciary and prosecutor's office, and this institution is checking the certainty of the names. 16 items of correspondence with the government institutions that had women from the said competition and who had dealings with code now, a natural or legal person. glass hall saw 80% of its symbols disappear in monday's trading. on this day, for the sixth consecutive day, the net change of legal ownership to real market was negative. the hall it

ended monday's trading in the negative. the main indicator dropped by 20,647 points, equivalent to negative 911 points , at the level of 2,398 million points. also a photographer weight was also at the level of 740 units with a negative yield of 92 percent, equivalent to 6938 units. on this day, the glass hall witnessed more than 7 billion and 37 million shares and financial bonds change hands in 327. against the symbols of wamid, sedesh kavir and vetos prevented the total index from further decreasing. the net change of legal to real ownership in the market was negative for the sixth consecutive day, and the glass hall witnessed monday's trading. one billion tomans of real money

was from shares and preemptive rights, which has increased more than 3 times compared to the previous trading day, and also on this day more than 91 billion tomans from income funds. fixed out. during monday's transactions, the most outflows of real money were made from the groups of bank equity funds and basic metals, the most inflows of real money were allocated to the groups of non-mineral minerals of the pharmaceutical and computer industries. the condition of the symbols of the glass hall also indicated that there were 159 positive symbols and 617 negative symbols so that the market witnessed 80 % of its symbols becoming negative. also, 44 ​​symbols were facing buying queues and 74 symbols were facing selling queues. the total value of buying pages was 80 billion tomans, the total value of selling pages was 300 billion tomans. monday trading of the stock market with a drop total and weight indicators were included. experts though. the drop in the index and the outflow of liquidity still believe that

due to the value of stock prices in the current situation and the publication of annual performance reports of stock exchange issuers, it can have a good return for shareholders. the companies that adapt themselves to the conditions of sanctions in 1402 and their profitability is a pain in the heavens in the month of 403, when the reports are slowly coming to kodal, it is definitely clear that our listed companies did not sit idle last year and had good profitability with the reports. it is good that they are publishing that i can say that these reports are also profitable it was able to cover the dollar and their annual profitability is expected to be very good and attractive for investors. in the second week of may, more than 655 billion tomans

of current and industrial profits were deposited into the accounts of more than 1 million shareholders. according to the announcement of the central depository company, in this period of time, 9 companies paid 1,847,791 million current profits to shareholders in the amount of 636 billion and 585 million tomans with the three-year system. million tomans with a comprehensive customer information system that is, they sacrificed three lives from the beginning. so far this year , 11 sukuk bonds have been issued and offered for the financing of various economic institutions worth 2085 billion tomans. these bonds

have been used to finance pharmaceutical, construction, food, information technology, agriculture, transportation and investment companies. murabae sukuk bonds are considered the most widely used means of financing companies. ownership of mesha in one or more. and the benefits derived from it and the possibility of settling the principal of the debt at the end of the receipt is one of the most important features of these bonds. murabaa sukuk bonds usually with maturities different one or 5 years and the rate is 23%. the challenges of marketing law led to its revision. the resolution, which has been announced for a few days, and the stock exchanges are talking about groups and symbols that this resolution includes, and of course, a 6- month time frame has been defined for its implementation. it was mehr 99 that the presence of marketers

was made mandatory to increase liquidity and regulate supply and demand in the market. just in the days when the stock market was in the midst of some decisions. a reason that has been removed from the requirement these days with the approval of the board of directors of the securities and exchange organization. there are actually 2 defects in this we came across it for years, one of them was that this was a requirement for publishers, when the publisher becomes small , it becomes medium, it may not be affordable for him , the resources he can use in his capital turnover, we forced him to actually come and support his own stock market. and another issue was the issue of corporate governance, that is, we say in the corporate governance guidelines that the acquisition of the main company by a subsidiary company is prohibited, why is this prohibited , because in fact a company can manage itself with its own resources and this is in line with the interests of other minority shareholders. do not maintain the intrinsic value of a share

helping with liquidity is one of the most important features of market management, which with the new approval of the stock exchanges has an auxiliary arm with the title of trading broker. let's turn the license of brokerage companies into trading brokers according to the recipe that is being prepared and use this capacity for market liquidity , as it has been announced that market rotation is still mandatory for the first market of the stock exchange and only for the second markets of the stock exchange and the first and second, otc was not mandatory and at the disposal of the company. in tehran's bos second market , almost two and a half percent of the value of the transactions belongs to the marketers, and this shows that the so-called this cannot help much with the existing model to improve liquidity, unfortunately, the existing method and context

, especially in small and medium companies, has caused the working capital of these companies to be involved, and the involvement of the working capital of companies causes financial costs to be burdened. on the companies and will lead to a decrease in their profits. the symbols that are exempt from marketing are supposed to be officially announced in the coming months. the iranian coach, sharaf iran, is playing with a telegram across the country, why are you setting prices this month? your question is an interesting question

, we don't want to hit the football manager, we don't agree with any kind of treatment or higher. we are wherever you are today, he said. first of all, i would like to introduce the guests of the program to you, mrs. fateme nazari, the head of tehran's traditional nameless union, who is in the program as a critic of ardonan's smart subsidy plan, and mr. mohsen shourideh, an economic expert , who is in favor of the smart bread and flour subsidy plan. let's be you, mrs. nazari, by the grace of god, what is the strength of your criticisms about this plan? greetings and politeness and respect to you, guest respected program and viewers, i would like to ask

you to see that the plan was implemented in february 1401. it has been running for almost 2 years . it started a little earlier than the month it started. after doing a series of incentives , after a while

, it was only a punishment. this system had no incentives. what was the incentive, and what were the punishments that you are saying? it was supposed to encourage those who actually do well. they are actually allocated more flour than their share of flour they should be allocated a larger amount to turn it into bread and give it to the people, what is the punishment ? yes, and let me tell you that after this project was implemented, the price of bread was actually analyzed in 2019 and the announcement was made in 140 deh, yes, and it is clearly written below the price letter that the criterion of action is actually the price difference until the cost of production there should be no increase. yes, well , as you mentioned, the 5 main items are actually the cost of bread production, which is the wages and rent of the place where it is open, the food, the personnel who

work, the carriers of energy, and in fact, let me tell you. to you, the shipping fee and now the fish paste, which is another of their costs, these few items have increased in these years, that is, if you consider only the salary , it will be 57 and almost 2 to 30, almost over 110 percent. well, you see, the producer takes a raw product, carries out a process by the personnel , turns it into bread and delivers it to the people. well , this also has a profit margin. in fact, this should be done before the plan is implemented. in my opinion, the economy comes first. they would update the list and then implement the plan. so here is mr. shourideh's opinion let's hear from you again, i pray to you, and mr. shourideh, we heard ms. nazari's words, they say that the economic letter was not taken into account and instead

of encouraging them, increasing the quota of the anonymous people who are now acting according to the law is more of a punishment and a quota. what is your opinion on this matter? yes, in the name of allah , the most merciful, the most merciful. i offer my greetings, courtesy and respect to you, madam, and all dear and respected viewers regarding the answer to the question. i 'd better give you an introduction, and then i'll go into your question, that you said in ardibehesht 1401, this plan is in ardi behesht 401 system, this is actually a plan. it was established and it was actually a step towards clarification, that is, we now have bread as an essential commodity, in fact, in the economy, this elasticity means that its elasticity is very low. with price increases and price changes, elasticity is very low and demand

does not change. this is because the transparency of the price chain does not change consumption, and this requires the government and governance to intervene on this issue and make this cycle transparent. so, in the first step, the establishment of order and transparency took place. in february 401, which you said, in february 401, the second step of the plan was implemented the second plan was actually the allocation of flour based on the performance of bakers. that is, the bakers who, based on the information that was actually received from those card houses, are not supplying, now these violations that they say, now their flour has become so-and-so, it has become an avalanche , this is rome. unfortunately, due to the lack of information

provided by the ministry of economy, we did not see much public participation in this case. people's participation in the same system that yes, yes, people's participation means that there are violations in this field read and show the body. yes, yes, this is the beginning of what you said. it means that the plan has been successful . look, i am an economic expert . we should do it, that is , we should make a cost-benefit between this , what were the costs of implementing this policy that we did, and what were the benefits? in my opinion, as an economic expert, the benefits of this plan were more than its costs. i can say the context, maybe a little now it may be long, but i will briefly say that yes, we

can say almost two years in these two years. the number of electronic invoices issued was 7 billion invoices, which means we had 12 million transactions per day. this was postponed because of the infrastructure that was not available before , and this year started. yes, we have a conservative approach to the amount of savings, which says that in these two years

, we saved more than one and a half million tons of flour, yes, and realistically , it is almost twice this amount. about 3 million now, if there is a chance, in the next round, i can tell you the details and the calculations and how it was calculated. what do you think, i would like to ask you that first of all , what they said about their clarification, see in fact compilation of this plan. no expert opinion has been taken from any of the bakers, the business plan, in fact, this plan has not been delivered to any of the unions, even as far as i know , it has not been delivered to a series of officials, so this is actually a lack of clarification. regarding saving, from 1993 to 1400, before the implementation of this plan

, the quota limit was 9300 tons of wheat, and now it has been reduced to 11 million tons, well, this is the one and a half million that they said is flour, of course, they said that i said wheat , 20. yes, let me tell you, yes, this, well, how is it that more wheat is being consumed now, but it is economical? i asked you how it is, i told you that we have a conservative view in this field , which says that one and a half million tons, if we want to calculate it for wheat, it will be almost 20% more.

from the plan, during the implementation of the plan, we consumed 8.5 hundred million tons of flour. yes. after the implementation of the plan, after the implementation of the plan, we can actually consider two scenarios. a realistic scenario i said. a scenario is actually a conservative scenario. the scenario of his conservatives says that after the implementation of this plan, we will get 8.5 hundred million tons. at end of 1400 it has reached 8.8 million tons. yes , that's right. now, the question for me is, how much have you saved? first , how long will it last until the end of 42? 422 88 end of 1402 no, i told you , i didn't continue, i still wanted to say 8 and 8

, end of 41, end of 4d and 7 million tons, this scenario is protective, yes, it is a realistic scenario , approximately 986, that is, if we are in the news , because we are at the beginning of the year 401 means the month of 401 , every imported product has increased ok, what are the consequences of this price increase ? there is a price increase since we use flour and bread for non-consumable purposes. apart from the consumption of food and other things, if the increase in the prices that we had a preference for happened, this increase in the price would

have caused our consumption of flour and bread to increase. the scenario is a 9% increase in nain's consumption due to this removal of the preferred width, and how much have you spent on this in the two years that it has been implemented. yes, at your service i think that the realistic scenario is that we have saved 3 million tons of flour , amounting to approximately 54 thousand billion tomans , so what would have happened if this flour had entered the cycle in any way, it would have been supplied outside the network. one of the problems that has come up so far, one of them was a cross talk and out of the network, the other one was about the same bakeries that i told you about, the bakeries that had a license but did not work, take a look at the ones that had a license and did not work, which you should have many examples of. mashallah, i am an expert

, they are claiming that my example should be paid you have those that exist, they definitely exist. i, as an economic expert, now declare that they exist. you, as the head of this group and union , say such a case does not exist. no, it means that before it only took flour and did not bake bread. no, it did not exist at all. no, tehran. you don't have statistics, or there wasn't any at all, no, not at all. in general, any bread that doesn't

cook is reported, it is inspected, it is reported, it is reported to the summit and the governor , and the flour is cut off. maybe there is a report, a report based on field issues, other visits field or field reports may not have been reported . yes, 100. we do not say 100. i said that this was a policy that has both costs and benefits. i will say it as the general outcome of this matter. now i have not entered the details yet. i will say one thing. you say that the consumption of livestock is livestock. i will not announce the price now. in the national media, people all know the price of dry bread . please compare it with how much per kilo . please compare it with the average approved price of bread per kilo. what is

the average price of bread per kilo? it is 5,000 tomans. well, it is approved . it is dry bread that people know. well, when we want to stop this issue. it should be like this that the price of bread should not be lower than the price of dry bread, which is actually affordable for those who want it. if he is guilty, god forbid , he should turn this into dry bread and sell it. no, i am not telling the price of dry bread, but the average price is the average price . everyone knows 10 to 15 thousand tomans. we have a photocommittee ready , let's see the expert opinions of different experts about this, we will get back to you. mr. morteza zamanian, an economic expert , due to the unaffordability of bread production now in addition to the bread subsidy, the baker's subsidy is also paid

. it is not, while this plan has many potential benefits that can be exploited if the benefits plan is completed. completing this plan also requires the decision of the government on the issue of ardonan's economy . mr. mohammad rasool nazafti, the executive director of ardonan's smart subsidy project. one of the most important goals of making ardonan subsidy smart is to prevent the supply of subsidized flour in the open market. the implementation of this plan will help the government subsidy for bread to be targeted and out of the supply cycle do not mr. amir kermello, active in ardonan constituency. the current management of ardonan's smart subsidy plan is wrong. every plan must be implemented in such a way that there is satisfaction from it. mostly bakers are not happy with this plan. because in some cases , baker's flour is reduced for unknown reasons, and information about what action causes the reduction.

can be weak if the plan is smart , the baker should be warned at that moment that what action will reduce his quota. mr. mohammad jalal, advisor to the minister of economy, the implementation of ardonan's smart subsidy plan will increase the share and access to increase the government flour of bakers who have a committed behavior towards the supply of bread to the people and their quota will be in an increasing cycle and if there are bakers. who do not have the foundation to deliver subsidized flour to the people , should be removed from the production cycle. i thank my colleague elhari for preparing this report. we have seen other positive and negative opinions regarding the smartening of ardonan's subsidy. in any case, mr. shourideh, there is an issue that experts have raised. this is about the 40 % allowance that is paid to bakers to help

. telling the executives that it is being paid by letter yes, nearly 20,000 billion tomans have been paid so far, this is enough for the implementation of the program . do you think this 40% is not enough? well, we think that the plan for the smartening of flour and bread must have flaws, so i say that this is where we we are

here . we have to say the positive points that are said to be the negative points. i am not the defender of the ministry of economy or the relevant organization. i came here to discuss the issues . my expert opinion is that the prices of the inputs for the production of bread should be based on what they want now. whatever i am discussing here is only bakeries, their yeast dough has become expensive, their hands have increased, their water and electricity costs have increased, this requires that the price of bread be fixed, yes, the producer's price will be affected . the consumer will definitely feel the impact, which means that the producer of this kind of sex is the consumer, which means that we should not only look at the consumer but not the producer. you see 40% as enough. type d compared to type one is considered to be 27% compared to type two. i don't see it, and another point is that according to the law

, smart branding is actually a subsidy. he said that the subsidy is for the consumer, the consumer is the last person in the cycle, but the baker is the last person left, and this must be observed, in my opinion, in the law , it means that you are saying that i also have another consumer regarding the flour that you said. fantasy flour has also been liberalized, which means that the flour that you mentioned has been saved, so the amount should be the same . you should reduce it, and then i will tell you about the adequacy of the cost, which is not enough.