Checking the market situation in the second week of April / What is the condition for the stock market to grow?

According to Tejarat News, the stock market rose from 1,461,000 units to 1,463,000 units on Sunday. The value of trades this week broke a record and the index grew 0.13 percent.

This week, the automotive group experienced a good situation and it can be said that this industry was the market leader.

Is stock market growth continuing?

“On Saturday, the stock market will probably have a negative trend,” Payam Elias Kurdi, a capital market expert, told Tejarat News. The market as a whole is not positive next week, and based on the trades until Monday, the market correction can be checked by the end of the month.

“From the first trading day of 1401, the market was in good shape,” he explains. The automotive group, especially the car symbols and Khasapa, were the market leaders. The value of trades also went well.

This capital market expert continues: To predict the trading trend, we must see what will happen to the stock market in the third trading week? It is important for us that the liquidity and the positive trend of the market continue in the third week of April.

Elias Kurdi states: If the value of transactions remains in the range of six thousand billion tomans, it seems that market growth will continue. But if the value of transactions reaches four or five thousand billion tomans, the stock exchange will probably be corrected. The amount and time of this correction depends on the value of transactions.

Finally, he says: the shadow of political news has been removed from the market. The market situation in the coming weeks depends on the value of transactions.

Read the latest stock market news on the Trade News page.