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Continuations in shallow stock exchanges / stock markets do not turn green with promise


According to Tejarat News, the total stock index, which had regained the 1.3 million units index yesterday, is in the middle of today’s market with more than 8,000 units falling in the channel of 1,296,000 units. Steel, Famli, Shepna and Shasta are the most negative symbols on the market today.

Ali Assari, a stock market expert, said: “In the past few days, positive signals were heard from the stock exchange.” 10 new orders were announced to help the capital market and the car group was in the buying queue. But this situation lasted only one day.

He added: “In my opinion, the most important reason for the market decline today is the underwriting of campus insurance.” Which due to the shallow depth made the market negative today. In such circumstances, I do not understand the reason for these offers. Either it is really intentional or the underwriting has already been approved and needs to be done.

Assari said: “Last week, the underwriting of Kariz was negative, but apparently, underwriting is still being done for the campus, which has dealt a big blow to the half-dead body of the market.”

The stock market expert said: “In a general view of the market, we see that the stock market will not grow with verbal support and orders that have already happened.” Our market is still thirsty for money, and if the level of this thirst was X last week, it is 2 X this week. If there is no real support for the market, the stock market will fall into a long hibernation.

He added: “We hope that the market will be supported financially and not verbally.” The value of transactions must reach over 5 thousand billion tomans. Otherwise, nothing special will happen to the market and we will only see the melting of people’s capital.

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

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