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Code: 52764 Visited: 43 Publish Date: Nov 05 2018 - 10:45
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Capital Market
Rational Behavior for Long-Term Profit
Tehran, Nov.05 (SENA) - Half-yearly interim reports of listed issuers are out, with exporting industries such as petrochemicals, refineries, and mining posting better than expected reports.

Tehran, Nov.05 (SENA) - Half-yearly interim reports of listed issuers are out, with exporting industries such as petrochemicals, refineries, and mining posting better than expected reports. Experts predict the current growth trend is capable of continuation despite the upcoming sanctions by the US.

“Iranian’s are used to the sanctions and the fact that European countries, Russia, and China are striving to keep the interaction gateway open makes this round of sanctions less painful,” Said Hamidreza Mehravar, Chief Executive of Bank Saman Brokerage Firm. “The swift channel also remains accessible, facilitating banking relation”.

In his opinion, the exporting companies’ revenues will be rarely affected by the sanctions and their price to earnings ratios are still at an appealing level. Nevertheless, the investors must stay vigilant and consider shares with robust fundamental.

 
By: Security and Exchange News Agency (SENA)
 
 
 
 
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