A stock market expert answers: Stock market forecast Monday, September 29 / Supply pressure in the market will increase tomorrow

Bourse Times: The stock market had an upward and balanced trend today, but in the end it ended with a drop of two thousand units of the total index. Now, considering the possibility of the formation of tomorrow’s market trend, what will experts think?

The capital market today, at the beginning of its work, was faced with the supply of indicator symbols and there was a slight decline in the overall index, but over time, the index returned to equilibrium. But in the end, the index was again in the range of one million and 573 thousand units, recording two thousand negative units. What will the market experts think tomorrow?

Ali Sadeghin, a capital market expert, told Tejarat News about the stock market trend in the next month: “Currently, the factor of trust and the entry of money into the market has been stabilized.” It seems that with the establishment of the government, we will have some exchange rate reform, so the rapid growth of the stock market will slow down and the market will be braked.

He added: “Fundamentally, it will be difficult for the index to cross the limit of 1.8 million units in the next month.” Other important fundamental factors such as global rates, exchange rates, rial sales and some companies have an important impact on the index reaching this range.

“It will be difficult for the index to reach 1.8 million units in the next month, but it will probably reach that range by the end of the year,” he said.

Regarding Borjam’s impact on the stock market, he said: “If the atmosphere of negotiations moves towards a freeze and the devaluation of the dollar, the growth of the index will be difficult, but if we do not move towards Borjam, inflation expectations will grow and the dollar will see its previous ceiling.” Will have its own.

Sadeghin also said about tomorrow’s market trend: “Considering today’s offers, I think the market will face supply pressure in the first half, but in the second half, market movements will be more balanced.”

“The group of pharmaceutical symbols, petroleum products (lubricants) and metal products seems to have a good trend in the market,” the market expert said of the leading groups in tomorrow’s market.

Published by: Samad Yousefi