Forecast of Monday Stock Exchange / Reflection of disputes over the stock market offering of cars

According to Tejarat News, the capital market once again experienced a positive trend and was able to grow by more than 21 thousand units to be more than 7% away from its historical peak in the summer of 2019.

At the end of trading on Sunday, the 27th of April, the total stock market index reached a height of two million and 275 thousand units after growing by 21 thousand and 117 units.
The same weight index stood at 731 thousand 157 units with a growth of 11 thousand 417 units.

The stock market through the lens of statistics

Today, the value of micro transactions in the stock market reached over 18 thousand billion tomans so that the prosperous trading of the stock market continues.

The entry of real money into the stock market today was accompanied by a fluctuating trend, and while at the beginning of the transactions, these market players had recorded a net sale of 140 billion, but this trend changed from the middle of the trading, and finally, the net purchase of real money was 475 billion. registered in the stock market.

This string has a long head!

On Saturday, Khandozi, the Minister of Economic Affairs and Finance, denied stopping the supply of cars in the commodity exchange during a statement. Majid Eshghi, head of the Securities and Exchange Organization, announced in a meeting that was held on Sunday, that the supply of cars will continue in the commodity exchange.

He further added: The implementation of this policy has not been ruled out and we are currently pursuing it in the new year!

On the other hand, it seems that the opinion of the special commission for growth and production boom is also in line with the opinion of the institutions of the Ministry of Economy and the Securities and Exchange Organization.

Jafar Qadri said in a comment: Currently, the hand of the government is completely open for the sale of cars in the commodity exchange and there is no obstacle in front of it.

He further stated: According to the positive opinion of the stock exchange organization regarding this matter, if the government wants, it can start the supply of cars in the commodity exchange in 1402 like last year. According to the conditions of the last few months or even these days of the car market, it was clearly announced that selling cars through this market is the most logical way to get rid of traders in this area.

However, the Competition Council seems to have no intention of retreating from its position and insists on opposing the sale of cars on the commodity exchange.

The spokesman of the Competition Council said in response to all three mentioned institutions: Except for the Competition Council, no authority can decide on the supply of cars in the stock market and we will not supply them in any way.

The supply of cars in the stock market, especially high-volume cars such as Peugeot 207 and other products, is a very important issue for shareholders.

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. Currently, not only the car shareholders but also all the capital market activists are looking at the end of the high-profile issue of the car supply in the commodity exchange and are waiting for its definitive determination.

Stock forecast

In general, the market situation has improved well compared to the very short correction at the end of last week, and we are witnessing the entry of heavy money into the stock market.

The activation of real codes, which were inactive for nearly two years, shows that the inflow of real money, which has intensified these days, is not from regular activists, and new people have joined the stock market investors.

Experts predict that if a certain economic opening is not achieved, 50% inflation will dominate the economy this year as well, and therefore liquidity growth is still high. Meanwhile, the issue of hot money in people’s hands should not be neglected.

The existing inflation will also affect the profits of companies and we will gradually see its impact on the stock market. Therefore, the minimum expectation from the capital market is a return equal to inflation. However, considering the backwardness of the market, the expectations of shareholders are more than these numbers.

In relation to the prediction of the Monday stock market, it should be said that after the strong growth of the first day of the week, balance will prevail in the market, and the majority of market groups will continue to trade on the positive side of the fluctuation range.

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