Exchange; The leader of the market marathon in 1402 – Tejaratnews

According to Tejarat News, at the end of Saturday’s trading, the total stock market index reached a height of 2.253 thousand units after growing by 74 thousand and 23 points. On the other hand, the equal weight index stood at 719 thousand 738 units with a growth of 26 thousand 793 units. The capital market had a positive trend on the first day of the week and was able to experience more than 70 thousand units of growth.

The record breaking continues!

The 15% growth of the total stock market index is not the whole story! While the last week of April has just started and the significant stormy growth on Saturday promises another productive week to the shareholders, until this point of the year 1402, Tehran Stock Exchange is leading the profit marathon by a distance from its competitors.

While Ferdowsi Square transactions indicate a growth of only 6.2% of American bills and a little more than 4% growth of coins in the days since 1402, the equal weight index of Saadat Abad Hall has experienced 23% growth and its total index has experienced 15% growth.

Also, the record-breaking tradition of the stock market, which started in the past weeks, continued during today’s trading. In addition to the transaction value of 20 thousand billion on Tuesday last week, Tehran Stock Exchange managed to register a record entry of 2 thousand 330 billion tomans of real money at the end of Saturday’s trading. The last time a figure higher than this amount of real money entering the stock exchange was recorded more than two and a half years ago and the golden days of the stock exchange were in the summer of 1999.

The story of the half-finished car supply in the commodity exchange

But the challenges of the market are not over yet, and the margins of canceling the supply of cars in the commodity exchange are not over yet. Ehsan Khandozi, Minister of Economy and Finance, announced in a statement that the supply of cars in the commodity exchange has not been ruled out. This comment is while according to the opinion of the competition council, the supply of automobiles in the commodity exchange has been rejected. Now, however, the Minister of Economy has a different opinion on this matter and said: “There is a possibility of continuing to sell cars on the commodity exchange.”

It was November of last year when the Tehran Stock Exchange started a strong upward trend with the start of the car supply process in the Commodity Exchange. Therefore, the supply of cars in the commodity exchange, especially high-volume cars such as Peugeot 207 and other products, is considered a very important issue for shareholders. Confusion and differences of opinion among effective institutions is the last thing Tehran Stock Exchange needs these days.

The highest and lowest productivity of industries

At the end of today’s trading in the capital market, telecommunication groups, wood products and other mining groups gave the highest returns to their shareholders with 6%, 5.95% and 5.46% respectively.

On the other hand, nowadays there are less industries with negative returns; Commodity funds were the only industry of Tehran Stock Exchange that got a negative return.

Heavy outflow of capital from fixed income funds

After the banking group with 506 billion tomans, stock funds accounted for the most money inflow of 278 billion tomans.

Also, on the other hand, fixed income funds experienced the largest outflow of money among industries with 975 billion tomans. Such monetary withdrawal from fixed income funds shows the upward expectations of shareholders and stock markets these days.

Stock forecast

The head of the stock exchange organization stated in a meeting about the slogan of the year, which has been registered: “When it comes to curbing inflation, minds go towards mandatory pricing.” But this model of controlling inflation has not benefited the country and past experiences confirm this issue.

He also noted: instead of suppressing prices and controlling them by order, we should move towards directing liquidity to the productive sectors of the economy.

If more liquidity is directed towards the Tehran Stock Exchange, it can be expected that the Tehran Stock Exchange will continue its upward trend in the medium and long term. Because the mill of the stock market moves with liquidity.

Also, regarding Sunday’s market, experts expect that Tehran Stock Exchange will not have a hard time to continue its upward steps. But on the other hand, repeating this amount of money coming in after the strong growth of the Saturday stock market seems like a difficult task; Therefore, it is expected that the growth of the Sunday market will be lower than the market at the beginning of the week.

Read more market analysis reports on the stock market news page.