Forecast of the second week of October stock market (infographic) – Tejaratnews
According to Tejarat News, the stock market these days is threatened by the shocks to the two groups of basic metals and cement. Although Mehrdad Bazarpash implicitly retracted his statements about the withdrawal of cement and steel products from the commodity exchange, and the Minister of Economy emphasized the support of the commodity exchange, but trust in the decisions of the 13th government is at its lowest level, and therefore the capital market is also weak. The defense is down.
But in the second week of October, will the effect of the road minister’s statements disappear? How will the market situation be in the coming week? In which industry groups are the shares that traders are interested in? These are the questions that capital market experts have answered in the weekly Tejaratnews survey.
The highest and lowest yields of market symbols in the first week of October
The review of trading in the first week of October 1402 shows that the shares of Shahid Investment Company, with an increase of 24% during four trading days, became the most profitable share of the capital market and reached the price of 1,569 Tomans. The technical analysis of Sashahed also indicates that the most important support for the share is the level of 1,447 and its nearest resistance is the level of 1,766 Tomans.
Also, the two shares of Katbas and Dave also increased by 16% in these four working days and reached the levels of 2,100 and 235,000 Tomans. The support and resistance levels of these two stocks are also shown in the above table.
On the other side, however, the situation was a little different; Because the possibility of steel and cement leaving the commodity exchange even affected the shares of mass production group, real estate and real estate. For example, Saman, which is one of the important shares of this group, faced an 18% decrease this week and registered a price of 3,504 Tomans on the stock market. The two levels of three thousand 207 tomans and four thousand and 264 tomans have also been identified as the most important levels of support and resistance of the share.
Sahrmoz and Shesina were also named as other low-yielding shares of the stock market in the first week of October. It should be mentioned that these two shares reached the levels of 2,253 and 459 Tomans with a decrease of 14 and 11 percent in four trading days.
Read more reports on the capital market page.