Forecast of Monday 24 Mehr 1402 / Farzin poured clean water on the hands of the shareholders
According to Tejarat News, the heavy drop on the first day of the week caused many criticisms to be sent to the Securities and Exchange Organization. Complaints of the people of the capital market about the situation of the stock market led to the reaction of the stock exchange organization. Accordingly, during Sunday’s trading, the obligation of market operators to play a role on the supply side was removed.
However, the market was not happy with this positive news and once again the weight on the sellers’ side was clearly heavier. The last minutes of the market, however, were accompanied by a sudden increase in demand and heavy purchases in the big symbols of the market, which caused the main color of the glass hall to become green. Meanwhile, the equal weight index remained on the red side of its fluctuation range.
The performance of the glass hall displays
At the end of trading on Sunday, the main thermometer of the glass hall with a growth of only 0.2%, equivalent to 478 units from the height of this index, was placed at the level of two million and one thousand and 942 units.
The slight increase in the height of the main indicator of the glass hall happened while the equal-weighted index, which shows the general price trend of small and medium-sized companies, recorded a performance in the opposite direction and was at a height of 678 thousand units with a drop of 0.19%, equivalent to 1,315 units. took
The total OTC index, which reflects the general level of the stock prices of the companies present in the OTC, stood at the level of 24,848 units with a drop of 0.21 percent, equivalent to 51 points from the height of this index. During trading on Sunday, the status of the total index and equal weight had a significant and specific difference.
Tehran Stock Exchange in the mirror of statistics
The board of the Tehran Stock Exchange showed the value of retail transactions (stocks, preemptive rights and mutual funds) on Sunday at 3,256 billion tomans. Placing the value of transactions in the channel of three thousand billion tomans is not enough to move towards the dynamics of the market.
The board of Tehran Stock Exchange shows the trading volume of 5.9 billion shares on Sunday. Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the clearer the vision of the new wave of the total index will be drawn in the minds of the shareholders. Because the entry of fresh shareholders makes the way up smoother.
The purchasing power in the market on Saturday recorded a negative figure of 1.04, which indicated the approximate equality of power between sellers and buyers in the market. Also, the investigation of the ownership statistics of real people on Sunday indicates the withdrawal of real people’s capital from the stock market. The index of capital inflows and outflows at the end of Sunday’s stock exchange reports the outflow of 454 billion tomans from shares, preemptive rights and mutual funds.
Monday stock market forecast
The dollar value of Tehran Stock Exchange is still below 160 billion dollars. The level of 160 billion dollars is a very important support for the dollar value of the Tehran Stock Exchange, which has repeatedly prevented the market from falling further. However, the heavy recession that has cast a shadow on the market may make people in the capital market less motivated to start transactions.
The negative signal transmitted from the central bank is still prohibited from drawing upward prospects in the minds of shareholders. Mohammad Reza Farzin, Governor of the Central Bank, said at the meeting of the heads of the Central Bank and the ministers of the Middle East region of the International Monetary Fund: The government and the Central Bank are committed to prudent monetary and financial policies. He emphasized: Inflation control policies continue. Farzin’s words give the signal of continued record in the markets to the shareholders and people of the capital market.
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