Dollars and cars are the factors of the stock market fall / real money is removed from the capital market for car registration

According to the economic correspondent of Fars news agency, the capital market continued its ups and downs, today was accompanied by a drop so that the fluctuating behavior of real shareholders and law firms is the most important event of these stock market days.

With the increasing powers of the central bank in the field of managing the foreign exchange market, the correlation between the dollar and the stock market has reached its highest level, and when the exchange rate falls, the stock market also reacts to this issue and turns red.

The dollar of the gold and currency exchange center has reached the financial statements of the companies and the stock market is more optimistic than ever. On the other hand, technical experts believe that the stock market is prone to further growth during the last few days, with the ceiling of the rising channel of the total index broken. Of course, the resistance of the stock market at the level of 1,840,000 units has not been broken yet, and we have to wait and see when this happens.

A good situation is observed in the total equal weight index and this index has returned to the resistance range of 540 thousand units. The equal weight index is trying to overcome this historical resistance and reach higher goals. But we still have to wait for this.

* Reasons for the fall of the stock market after 4 days

Hamid Dastjardi, a capital market expert, in an interview with the economic reporter of Fars news agency, said about the reasons for the fall of the stock market: The most important reason for the fall of the stock market today was the drop in the price of the dollar. There is a possibility that the price of the dollar will enter a lower channel, and this issue has caused the withdrawal of money from export-oriented symbols.

He continued: Another reason for the fall of the stock market is the news published by the Ministry of Security to supply 500,000 cars to applicants without a lottery. Many people are withdrawing their capital from the stock market in order to register a car.

This capital market expert emphasized: The market is valuable in every way and shareholders should be careful not to fall into the trap of swingers in such a situation. Buying shares in the buy queue can lead to losses for shareholders if the stock charts show saturation.

* The drop in performance indicators of the stock market

At the end of today’s trading, the total index dropped by 16 thousand 348 points compared to the previous working day to the level of 1 million 821 thousand 771 points. The efficiency of this negative index was 89 percent.

The total equal weight index of the stock market also stood at 537 thousand 871 points with a drop of 922 points. The yield of this negative index was 17 percent. Also, the total OTC index decreased by 33 points and reached the level of 23 thousand and 7 points.

* Increasing the value of stock market micro transactions

Today, the total value of stock market transactions reached 47,676 billion tomans. The value of debt securities transactions in the secondary market was 31 thousand 23 billion tomans, which includes 65% of the total value of market transactions on this day.

Today, the value of small stock transactions reached 10,238 billion tomans with an increase of 8% compared to the previous trading day.

* The growth of the withdrawal of real money from the capital market

Today, the net value of the change of legal ownership to real money in the market was negative for the fourth consecutive day, and 1,136 billion tomans of real money were withdrawn from the stock exchange, which has increased by 490% compared to the previous day.

In Wednesday’s transactions, the largest outflow of real money was allocated to the shares of Shasta (Social Security Investment Company), Folad (Mobarakeh Steel) and Shatran (Tehran Oil Refinery). On the other hand, Rempna (Mapna Group (Public Stock)), Fepenta (Spanta) and Kechad (Chadrmelo Mining and Industrial) had the highest inflow of real money.

* Decrease in the value of stock exchange purchase queues

At the end of trading on Wednesday, 233 symbols had an increase in price and 422 symbols had a decrease in price. In other words, 36% of the market had a price increase and 64% of the market had a price decrease.

During today’s trading, 70 symbols had buy queues and 61 symbols were facing sell queues. The value of purchase queues reached 402 billion Tomans with a 50% drop, and the value of sales queues increased by 14% and was 332 billion Tomans.

At the end of the transactions, Nomad and Bank (National Development Group Investment Company), Kasapa (Saipa Glass Company) and Fazer (Azar Ab Industries Company) had the most queues.

On the other hand, at the end of the transactions, the big symbols of the automobile manufacturer, namely Khodro (Iran Khodro), Khasapa (Saipa) and Shasta (Social Security Investment Company) had the largest sales queues.

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