[000:00:00;00] installing a program that is dedicated to different topics and guests of different sexes, safavids, in 1401, something happened in the capital market of iran, which may have a place in the discussion of the creation of new indirect investment tools. it is good for me to talk about the tools and functions they have. what happened in 2019, the entry of masses of people and people unfamiliar with the capital market caused us to have a new bubble

in the capital market and the day the market collapsed . many people were affected at that time many people and masses of people who didn't know the capital market didn't know its requirements, naturally it caused many people to suffer and some of their capitals were reduced to a fraction , creating indirect financial instruments, the first and most important function of which is to reduce risk and also remove it is necessary to be familiar with the capital market, which means that the masses of people can enter the capital market and invest in the company without

the need to be directly an expert in the capital market

. come in they entered the market, they were not fully familiar with the market and were afraid of the risks, and naturally, these people entered into investments that were not properly familiar with these investments . therefore, one of our main strategies in 1401 was to be able to provide people with the necessary tools for indirect investment. let's do it. one of the people who enter the capital market actually have investment preferences, a more specialized term, they have risk, which means that everyone tends to accept a

certain amount of risk. they gave different risks, in fact, i am willing to accept them, in exchange for consumption, the probability of profit is not much higher in nature, which also has the possibility of higher profit . these instruments did not exist in the capital market . in 1401, we tried to create diversification in fact, investment funds. from the range of high-risk investment funds to the lowest risk, i.e. without color, we will introduce risk-free days, bold funds , leveraged funds, various equity funds, fixed income funds, capital guarantee funds, which means that in fact, a person

wants to do, does not want his capital, no risk at all. he doesn't want to participate in shares, that is, we buy shares, but he can't bear a disk about short funds, government bond funds, real estate funds, which is a lie , includes another part of the assets, sleep types of investment funds that were introduced in 1403, a part that is in a property industry it is therapeutic. a person may recognize that he wants to invest in a certain industry now, but he does not want to accept the risk of a single company or the company is not familiar with it. the investment fund chooses a sector , which is actually a stock portfolio in an industry. cashier training industry wanted him to choose the existence of these funds makes the person who wants to choose based on the risk taste

that i mentioned to have an open hand without choosing any of these funds, enter these funds and eliminate the risk of the entire risk market, in fact, the lack of familiarity with the competitive market. these funds have very low armatures, which is clear in hope of their names on their sites. in fact , i usually publish them. i work, and all the benefits actually go to the investor. well, in 1402 , the plan is to deepen these funds. and in terms of the number of funds, let's increase from now

we have a very good diversity, although we have stopped . if they have a new initiative in terms of financial reality, they will launch new funds in iran. you are a very professional direct guide to the activities of these funds in the market, and in fact , market fluctuations are controlled to a large extent in this way, and entering these funds does not require anyone from the capital market and any expertise or training. there is no training required it is enough to get familiar with this fund, what these funds do, and among these , it is appropriate for the level of investment, according to the taste , in fact, the choice between the only, in fact, what you do is the choice between the stone of these funds, i am probably familiar with the industry, half an hour, an hour and

last quarter, by consulting the financial institutions that gave permission, it can happen. well, if we see a report, let's go back. another issue is the spending of the parliament in the budget of 1400 and the government has obliged to hand over equity shares to all the survivors of the low-level action set, which these are based on. various reasons for assignment equity shares remain this year, we have obliged the government to include up to 106,000 billion tomans for the purchase of equity shares, god willing , the contract of equity equity survivors in 1401 was proposed and approved by the parliament's economic commission, with an agreement between the 13th government and the economic commission. the parliament had approved it in the 1401 budget and it was decided that equity shares would be allocated to two groups . the first step is for people covered by the support institutions

of the welfare relief committee for 10 million tomans. the islamic council take that due to the violation of some laws on the allocation of equity shares in 1401, it was not approved by the implementation committee of the islamic council and objections were made that these provincial and city equity equity companies should be formed and strengthened, or it was the second that was foreseen in the law whenever the supreme council for the implementation of the general policies of article 44 has a handover and approval, in order to start the process of allocating equity shares to the supporting institutions, the amendment must be approved by the supreme council for the implementation of the general policies of article 44. considering the vital theory of the parliament's resolutions, he expressed that must be in the 44th supreme council should approve the vice president and the division of the country was approved in

the 34th council, and at the end of march, this year's section should be approved. now , we have to wait for the allocation of justice shares to the survivors from the support institutions until the end of the year, and for other survivors, the same applies. after the guardian is approved, the process of allocating equity shares will be carried out. maryam fadai of sed and sima news agency. dear mr. dr. beheshti, the honorable chairman of the stock exchange organization , please tell me about the remaining equity shares , whether the necessary resources have been allocated or not, and then according to the law , a part of people who are a subset of institutions were supported, they were included in the second series of equity shares, which according to the estimates

that have been made, nearly three million of them have not yet been announced by the transfer board, in fact, the shares that are in the transfer portfolio of the renovation organization are the same capital that is already in there is a portfolio of equity shares, and the main point of this is that these shares will be assigned to the board after it has been determined, and the list of names will be announced by the supporting institutions , the stock exchange organization and the stock exchange organization through the central depository company of operations. will do the allocation of shares this process

will come at night , in fact, the company will be completed forever. the number of people that i mentioned is 3 million people, it will be closed and the number will be determined . now there will be a time. it is not exactly in my power. and more details and possibility from the privatization organization the privatization organization will announce that it is a matter of patriotism that due to the fact that currency fluctuations always have an impact on the capital market and will cause the market to grow, the index usually

grows, and this has misled some people in previous years. in the past and maybe this will happen again so that it seems that now a special event is happening in the capital market that the index is going up and at the same time it may cause damage again. selling companies good direct effect is usually one the time interval from the time when it fluctuates until the actual cause of these fluctuations in the sale of the company is determined , a time interval usually falls, considering that this interval exists and usually

short-term egos do not have a very great effect on the sale of companies. let's look at the long-term and influence it on the sale of the companies. in fact, it is depicted and see the sale of the company, and that's when the stock price actually fluctuates in all but the sale of the companies on both the assets and the cost of the company. iranians at the same time show that they exist in these fluctuations the currency that we had in the last 12 months, the market did not have any special effect on the actual sales of the companies in the real assets of the companies, these currencies were not present in any way in the sale of the current company, as defined

by the bank . they have a center to sell its value, the effect of which, in fact, with the fluctuations that occur in the currency market, the extreme fluctuations that the companies have in selling , in fact, this is actually not effective, but the nature and according to the god who had from the beginning of the year to now there is an upward trend compared to last year, and this is in all assets the sale of the company will show itself, but it is not in such a way that the same one that is posted on telegram channels will come directly. in fact , this is a normal sales part. this offer is never

actually a participant in sales. and the market has been affected. if you look carefully, we have not had these fluctuations in the past three months, and the capital market is showing it, and maybe this year it expected this effect, and the analysts also recognize this in the prices that are in the market and in the calculations. they are completely considered because of this market in any way it moves precisely with the exchange rate with a distance and its shadow actually moves. if you want to talk about the impact of these events and these currency fluctuations on the market and give advice or results to the people, what are

you? the title of the head of the securities and exchange organization in this field, i cannot comment, it will have an impact and there is an expert, but as the head of the organization, i will not comment, but there is a point that the effect of currency fluctuations on all companies is not the same. direct receipt of purchased shares they are carefully analyzing the analyzes of the analysts themselves. they must be careful that not all companies are affected to the same extent . we have exporting companies. we have companies that lose from the increase in the exchange rate. we have companies that benefit.

we have companies that are actually very different. it doesn't or the result of positive and negative effects is not clear and must be analyzed in detail . they must have accurate analyzes on stocks that do not overestimate the effects of exchange rates and also the 19th indicator of seeing, for example, the index is going up, and conclude that it is good. i now to you it is very good for entry and for investing, the wrong perception of the history is in my mind that in all, for example, in the last 20 years, whenever we had new inflation, now, either due to currency fluctuations or due to anything else , show the effect on the index on the capital market. it seems that some people get a wrong impression and rush, and this itself

has consequences and will be more serious later . emotional movements in the stock market usually lead to losses. or if we don't have accurate analysis we don't have enough knowledge. we must enter through indirect means through funds . at the time of entry, experts give the necessary warnings. finally, the market conditions will announce, so be sure to pay attention to this. of course, we will see serious damage in the capital market when people make investments in the market that resources are provided for him from a place where he needs it very much, for example, a person sells his car for the house he lives in and

enter the stock market . it is definitely a wrong thing to do with the campus stock market. yes, in the long term, the stock market has a higher return than all the markets, and the long term may not be bearable for everyone, the same people who entered the stock market in 2019, sold their cars, sold the assets they needed , entered the market and endured three years 4 they don't have to wait for years. i can't install it at all, but it will definitely lead to losses. the resources must be included in the capital market so that we can bear a certain amount of risk regarding these resources.

it is a point for people who have heavy losses the issue of not making the right choices and entering into high-risk scenes is to be fragmented, which means that the whole is brought and the person is brought and we buy the same according to the reasons we had now from the behavior of investors in 2099, the people who saw the most losses and either there were people who were killed or there were people who put their capital at the disposal of irresponsible people, these people who did not have a license to operate a basket at all, and people who turned the virtual space in telegram channels, this coming of capital, putting this capital at the disposal of people, caused the greatest loss

to people. he added that these are really on their own i fully admit that this information has been given to these unknown people. many times i complain, but i can't do anything else. i can't follow up on this issue. this issue should definitely be avoided in the long run, and it will not have the highest efficiency for the grave, but this issue is long. it may take 4 years for a woman to enter the stock market. the market fluctuates in the world . let's take the 30-year chart of the world. there are complete cross-sectional market fluctuations. this fluctuation must be tolerated by the people i sell the assets they need in the stock market and them. endure and have to at the lowest price

sell their shares, in fact , they enter the country at the wrong time when they shouldn't be exiting the foreign market. no, their savings are forming two stock portfolios, only 1399 tran 3, which they themselves are not familiar with, they have voice and investment funds and indirect investment methods, and if they are familiar, at least this method is a weapon of diversified stocks, and fourthly, they must expect profits in the short term. shouldn't have possible in they can make profit in the short term, but without having to stay in this market until we realize the real profits . well, mr. eshghi, let's go to the stock market quickly. again , my colleagues have prepared a report for

us to see and come back. it's a very important year and it has an impact on people's lives. he is asking your service. it was in esfand 1400 that in order to implement article 44 of the constitution, the president issued the handover of two major car manufacturers, and in terms of the way of management , there are issues. the shares of iran khodro and saipa did not the banks of these two car manufacturers took loans over the past years and pledged the shares of these two companies. actually, now the remaining shares of the government in these two companies are collateral. the shares were released two months ago . another obstacle is the large presence in the financial structures of this

company and fifty one thousand billion tomans of accumulated losses in this industry have been accumulated due to the activation of order pricing and the increasing trend of accumulated losses caused investors to flee from this industry. 3% of the cars of this company were sold in the commodity exchange to compensate part of the damage caused by the pricing order to this industry, so that according to the latest published financial statements , iran khodro company was able

to make a profit after 5 years, iran khodro 22 last season thanks to the sale of the commodity exchange and taking a reserve to compensate for the sale of price installments the order, which is 12 thousand billion afghan tomans in the form of 2 thousand billion fasa , was angered. the opinion of experts on the release of the news of removing the supply of cars from the stock market the goods will reduce the accumulated losses and as a result will postpone the sale of shares of these two car manufacturers. maryam fadaei of sed and sima news agency , you can see that tonight's guest

is the head of the securities and exchange organization. the issue of obvious fraud in the car story is an important story for the people. last year, there was a lot of emphasis on making the car worth only the stock market, but now , anyway, as expected, this happened. what is going to happen to you, as the head of the stock exchange organization? car supply in the defense commodity exchange do you do it, or maybe and as a rule, we should remove from your presence that the issue of banana car of the stock exchange organization is that the car should

reach the consumer at a fair price and with the right quality in a way that the manufacturer does not cheat, that is, in the long run, when we sell the car at the price of work. slow and we will keep it stable for a few years and even at times it comes below the cost price, the main victim is the consumer , because when the producer produces this oil , i have to tell you to put it aside because he doesn't have the financial ability. for the past few years, the minister has been working

in qiblah, you see the quality decrease every day he finds that the new car does not enter the market, the production volume decreases drastically, the quality of the cars has decreased drastically in the last five years, the last six years, he finds that there is a downward trend , we almost did not have a new car in the last 545 years , this is because we in the last five years, we have adopted a policy that we think is good for the consumer and the consumer, but the accumulated loss in the automobile industry is created between the accumulated losses and harms the people in another way. what is the

accumulated loss from bank resources are running out this is an overdraft by the central bank. this is a blow to the macro-economy and theft from the organization, considering that we are talking about the stock market and we have the stock market. after all , the automobile industry, which in two ways is the automobile industry, the parts industry, and the industries that actually work as downstream industries above these, well, all of them are waiting for this process that has been going on. our plan is to make policies in such a way that the interests of all stakeholders are respected in our discussion, the main consumer is the producer . these are the shareholders, this is the discussion of shares

justice, which is also an important package, and the equity part of justice shares have been given to the minions or directly bought by the people, the shares are a small part of the government, the shareholders lose, the employees lose, this industry, which is considered to be one of our strategic industries can we make a decision in a way that all the stakeholders can achieve their own interests ? car parts manufacturers should definitely not sell themselves at a loss . when the consumer buys a car at a very low price, at a price lower than the cost price , we form a long page for the car. which became an example in the past months, we have seen that for example, a few thousand cars should be registered for a target of one million people. well

, we have this consumer goods with our own hands, and 11 million of which many of us now want a sardar car, just for the sake of discussion. to make a profit, it means that we have become a car dealer, that is, just to use this low price from me, or they buy, and these policies are in such a way that this goal belongs to us. they were accepted in the commodity exchange and we agree with the resins and according to that some car manufacturers should adhere to the balance when accepting commitments for supply, unless they express and defend in the acceptance board, and why

they cannot implement your criticisms, for example, this car should be accepted now, but if there is another way it is okay to follow this main policy of the organization in fact, we have nothing to say and we agree that it should be done in the interest of the consumer and the manufacturer will lose in the sale of the car so that it can continue to exist and in the future the cars of the best manufacturer of quality . the main issue of the organization is now with the ministry silence and other devices that enter the topic and we talk about it, god willing, do you agree or disagree with the generality of this issue ? finally, there are expert opinions that we need

to discuss and, god willing , a suitable decision will happen. i am reminded of memories that may not be very unrelated, although on the surface, and that is that we had this mandatory pricing anytime, anywhere, and in some fruit and vegetable stores, for example , where we had mandatory pricing on the subject, i remember the days very much. years ago that we could not find any vegetables in the fruit fields, because they said that it is not profitable for us to bring bananas at this price . what was the real result for the people? we could not find vegetables in the fruit fields. buying at a price that was even higher than what it would have been if the daily price had actually reached the price. now, this is the car manufacturer's mandated pricing. this has also happened now

. it means that we cannot buy the car at the price that is determined by the order. let's do it and go , or stand in line, or draw a lottery actually, we have to attract a lot of ships, the last girl or the pashti valley, which is good, there are many corruptions and different ways that we have seen and heard about, or that we have to go from the open market with the same, for example , twice the price of the mandated price, now or any amount of difference has disappeared, but another link is the story of the car supply in the commodity exchange, which i

talked to both the minister of privacy and the deputy minister of transportation industry of the ministry of privacy last night. we say that the price should be free in the free market the commodity exchange should be determined and the time should not be removed from the competition, that is, if we have a monopoly in the supply of cars, it may not be fair in practice , or it may be very beneficial to, for example, the car manufacturer at some point , but to say twenty or so car manufacturers will be licensed by the ministry of privacy, which may be so far, most of these 24 have said that they have become car manufacturers, but even if ten and five-sixths start, this real competition will gradually take shape in the car market, and it is possible to break the prices later.

see the work, the price that is created in the market and in fact there is a price, the price, and you said, i can't fix a price. the price is available in the market. this price is the result of a series of variables. when a thermometer shows mercury in the ambient temperature and it shows for twenty minutes , i can't come and break this thermometer and forcefully tell you. for example, show 2020, why are you showing 40, he doesn't listen to me, maybe i can do something, for example, come and take him by his side, he will go down for a moment , but again, there are a series of factors, we should look for these factors, or breaking this thermometer will not fix the work. it is doing its job, the ambient temperature stays at 240, must be factors

let's identify the cause of this price, either it is the currency side or the demand side, or political events have finally happened, we must manage to make the price fair , we cannot control the price simply by removing this price or ordering the price, so always in all goods at any time. we went to this work, all kinds of corruption have come out of it, many cases, in fact, corruption both on the side of the regulatory bodies and on the supply and demand side. after all, when this is a rent , everyone is looking to get what they want from iran, so change. we create taste in the industry, this is no different from our work

all industries, instead of seeking to compete in the supply of better products, increasing productivity and competing in the global market, only think about earning rent, the most profit is here, no matter what we try to increase productivity , we will profit, it will not increase, and if we can get this rent, this is rent helps us increase profitability. this is related to the issue you mentioned. i agree that if this fence exists, it should definitely be controlled. however, i believe that even if this account exists, it will not be ruled out from below in the commodity exchange. we can actually use a series of napkins we want to be able to control this monopoly and to continue this supply in the stock market

. this is also possible, but even if you know, we interact with friends and if the price the factory prices should be corrected correctly, but it is enough to sell directly from the factory. in the long run , the factory should be able to deliver the car to the customer at fair prices. they are bad. the financing methods for the customer should be expanded. leasing can actually be done. a customer buys a long-term friend of money pay, this is actually the basis of the car industry and car sales in the world, we hope that with the increase in supply, the car will be removed from a capital good and actually treat itself as a consumer

good, this will also happen. the width should increase, the number of suppliers will increase, if we keep the factory prices extremely low , the manufacturer will not come, in fact, the industry will be added, which will be created in the policies. i don't want you to do this it strictly controls the industry. why should i come to your grave? it asks for a correct period. it makes a false circle. we decorate it until the prices are controlled . we don't

release the price of currency. in the first days of corona, when the price was very strange, it multiplied many times, and it was not equal to the original, but the huge profit that was made caused an attack on our production, and in two months, i don't know, it should be less. or more than that , the price of the area is so many things that this is it has its own characteristics, of course, the complexity of the price of the car, the difficulty of entering and exiting this product industry, but in general, it is almost the same issue, we have to multiply the ordered price by the channel to choose any product.

it is possible that you said the price of the device, i remembered the price of gas in europe these days, after the good war last year, when the price of fuel and gas increased a lot in europe, now let's assume that the european governments wanted to keep the price low by order which has not been practically possible and not doing this let's treat the car in the same way. in your opinion, these conditions are very different. you have to decide according to our own conditions. we can't let it be completely free. finally, because the competition council has recognized the monopoly as a continuation of life, the conditions of our country are different. it has its own special conditions when it comes to imports. there are so many variables in this field

, we have to consider all of them together, that's why i did it . specific supply schedule a significant part of the production of car manufacturers should be released in this market with a time interval of 6 months to a year . it has been announced that the prices of the factories are based on the approval of the council and the new orders. if it is amended, the car manufacturers will be removed from it . we

do not want this to be offered on the stock market. this is to find out whether it is available in the stock market or not, and see when you are not there the stock exchange organization and the new government in these joint meetings that you talked about are not happy without official permission or you should not say that your official body is in charge of the matter as the ministry of industry and declare that i can't do it officially in my hands , but we believe that if a significant part of the foreign exchange is done, definitely within the time i mentioned

, i can be in favor of the people. one of the discussions that was seen was the discussion of tax reduction for manufacturing companies fortunately, it was reduced by two units and reached 18% . this helps a lot to manufacturing companies and naturally helps the stock market to form capital. which helps to increase the capital of the companies. in 1401, this legal clause in the budget

of 1401 was very well received and the companies mostly had a very good increase in capital . they distributed the profits to the shareholders. inside the companies, the capital of the company was added. that this happened was a very good thing, big woman in the field of feed price discussion, the parliament left the government to decide by itself, considering the conditions of various industries in this field, the government should make the right decision, because the situation that was proposed in the stock market in the budget, which specified which industries were hit it used to import a lot to the industries, which fortunately was finally

distributed in the public and non-stock market in the sajam system, in fact it was distributed through the sajam system, what is the importance of this event and next year it will be closed , it will be developed and according to the plan those that were done last year, fortunately, the profits of the shareholders are two fortunately, we were able to collect and pay in a centralized manner. we paid the first series of insta in december and the second was as planned and the promise we made at the end of march , fortunately, these resources were provided and the dividends of non-listed companies were deposited for nearly three years. it was not deposited, which means it was taken from the companies after that. it was in the treasury of the privatization organization, which with the help of my friends and

the approval of the supreme council of the stock exchange, this profit was added to the total amount of profits received by the listed companies for 1,200 months of payment of the debts of the current year. it will not be his effort which along with the profit of the stock exchange companies, i will pay back this period of 6 months. since you mentioned the petrochemical feed rate , will there be a change in the formula for calculating this rate? will there be new instructions in 1402? how many years is the formula for petrochemical feed ? which has not changed, this formula is still the same as the previous formula, expert suggestions have been given, which means

that no serious decision has been made yet, and it will still be the same as the previous formula, if the oil and gas price fluctuations in europe return to the long-term routine, maybe there is no need to change my formula ok, but one of the good ones the reasons behind the introduction of the feed change were that the gas prices in europe are completely set in their historical facts for political reasons outside of this, and for a long time there has actually been fluctuating if these prices are corrected and in 12 months. recently, it has been shown that it has been modified a lot, maybe there is no need to change the formula, the same formula will give you the answer according to now, and if this does not happen

, we have proposed to have a modification in the formula that the non-economic fluctuations of other parts our world is in the price of food, which is actually a food that supports the company let's not consider the burn that we give to the companies. yes, when will the certificate of deposit of electricity be traded again? it will not be on the stock exchange and electricity will be given in the form of electricity. the reality is that the market that has formed there needs the support of the industry . it has been forced that high-consumption subscribers exceed the consumption limit and

electricity from the energy market. it is according to the considerations of the reservoir in the area we have domestic problems, the price of these goods is actually determined, and it makes the development of this poultry industry have good cooperation with the ministry of energy, and there are good plans in this field, so that this coincidence will actually rise and the energy exchange will talk about this demand right there. i want to make border production companies and this will help this industry

and my last question is when will the certificate of deposit of oil in transactions be freed for real people and now it is free for real people, fortunately in the last days of the month we had two very important tools that somewhat in the chaos of the end maybe a year attention, god willing, in the coming days, it will definitely be noticed that one was the oil deposit certificate , which will establish a new sales method in oil, which can attract many people to this document and facilitate the sale of canned goods and it has many functions, which definitely it will become clear in the future. another place that we dropped in the last days was the gold bullion certificate of deposit, which was the missing link in

the tools that we had in the commodity markets that we hope to be able to meet some of the needs of actually capital that are willing to invest their capital against volatility . protect the dollar from currency fluctuations this tool is also used for many purposes. thank you very much, dr. eshghi. it was a conversation with dr. eshghi, the head of the securities and exchange organization, which will be repeated tomorrow from 12:00 to 11:00

. ok, have a good night, god bless the body, free tips and congratulations, you are the owner of an online store, kala.net , keep getting a delicious meal, keep airing your house

, do your housework, keep getting a delicious cake, the photos of the guests will arrive. happy eid, my life. bring the merchant al-maluk to me after opening his mouth for a long time, the governor has also summoned you. at my service, mr. abaali, what have you done with us, what have you brought with us, what have you brought with us

on the carpet ? show us our real types. how long did you travel from me, how difficult is the long way, and this difficult journey is my own carpet , adam has come to me, the pilgrims say, and the graves say

, we are all different . the national ego is the beginning of the transformation and the weaknesses and