Disappointing week The stock market / stock market can no longer fall
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According to Tejarat News, although the stock market ended its work on Wednesday with a growth of 0.8 percent, but the overall index maintained its negative trend compared to last week and fell 1.3 percent.
“Unfortunately, the trading volume was very low last week,” said Mohammad Kheiri, a stock market expert. It is clear that the government’s priority now is not the stock market. Unfortunately, the current view of the stock market is that shareholders have made enough profit and should not be a priority now!
“There were no buyers in the market this week, and many sellers were forced to sell their shares at a loss,” he said. In terms of prices, the shares reached the year 1998, with the difference that the performance of companies is much better, the price of the dollar has become 30,000 Tomans and world prices have also grown.
“In terms of companies’ operational risks, the situation is good and it is not a recession like in 1992,” Kheiri said. The problem now is policies that have eroded investor confidence. Under these circumstances, the growth of other markets, including gold and the Sharpe dollar, has improved, and even the funds that invested in gold have improved their trading volume.
The government continues to seek revenue from the stock market
“It was a really disappointing week,” he said. Prices have dropped so much that they can not fall further, but because there is no demand, we do not have a price increase. In the past, when the dollar was growing, the stock market was growing with a delay compared to the growth of the dollar, and I hope this is happening now.
“The government’s slogan for next year is an economy without a budget deficit and inflation,” he said. This means looking for ways to earn money, including the stock market. It remains to be seen what the 1401 budget bill will signal to the stock market.
“There are signals that the talks are fruitless,” Kheiri said. If the dollar were to rise further, people’s livelihoods would be more difficult, and that in itself would not be good for the stock market.
The stock market expert pointed to the increase in car prices and said: The same news of the increase in car prices has been announced and denied several times and has fueled market distrust.
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