Petchem Firms Strong on Capital Market

(Sunday, July 5, 2020) 10:04

TEHRAN (NIPNA) – Iranian Petrochemical holdings and companies play a crucial role in the prosperity of the capital market and need more support given this role.

In an interview with NIPNA, a stock exchange expert pointed to the boom in the stock market and the record-breaking growth of the index in recent days, adding: "The Tehran Stock Exchange index can continue to grow due to the existence of favorable capital market infrastructures, and petrochemical companies can play a crucial role in this regard."

Hossein Karimi added: "Fortunately, the market is not facing severe inflammation today, and it can be said that the Tehran Stock Exchange is in acceptable conditions with the support of the administration and the management of capital market authorities.”

He said inflow of capital to the market is increasing, adding traders need to operate wisely in the market and consider all possibilities.

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