Continuation of the neutral trend next week / Which stock groups are growing?

The stock market ended last week with the overall stock index falling 2.1 percent, according to TradeNews. In the middle of the week, car and banking groups grew compared to other groups, according to Borjami News. But the stock market closed with small shares growing over the weekend.

Nima Raisi, a stock market expert, said: “The overall stock market index was a bit positive yesterday and the trading volume was still low.” The state of global markets is a positive for the stock market next week. Oil prices are gradually approaching previous levels and metals prices are in good shape.

He continued: “Commodity-based groups will probably be in a good situation next week.” This week, according to the news of the negotiations, we had a liquidity turnover in the car group and the bank. I think next week we will see a movement in the group of metals and petroleum refineries.

“Right now, there is a fear of the dollar falling in the market,” Raisi said. However, it should be noted that even if agreements are reached, the exchange rate will not fluctuate much. Eventually it will have a tolerance of five percent, which will not be reflected in the situation of companies.

The expert said that the situation will probably continue like this next week. Fear has gripped the market for a while now, but sales pressure is gradually easing and I am optimistic about the market.

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