Iranian Institutional Investors Association has conducted a survey on the price volatility range in the stock market.
According to the survey which was performed among General Managers of financial institutions and funds’ managers of the association’s members, 93% of participants believed that opening the volatility range would eliminate the buying and selling queues and speed up the process of creating equilibrium in stock prices. Also, about 90% of those participated in the survey believed that reducing the volatility would cause more fear and concern among shareholders and increase the length of sales queues.
The Donya-e Eqtesad Newspaper has also announced the results of this survey.
After continuous efforts and numerous measures of experts, as well as conducting surveys at the level of chief managers of financial institutions and stock exchange activists, Iranian Institutional Investors Association promises that it was able to obtain a decisive vote to remove the volatility range in the stock market. While congratulating the event to all activists and shareholders of the stock exchange, the association hopes that as an important component of the capital market can realize rights of the great family of the market by accompanying all members of the capital market’s family in other specialized surveys of the association and presenting the results to the council of policymaking.