Forecast of the stock exchange next week / JCPOA will be revived, will the market come to life?
According to Tejarat News, the Tehran stock market ended its work in a situation that many experts Weekly stock market forecast They consider the future a difficult task due to the uncertainties of the JCPOA.
Tehran Stock Exchange ended the third week of August 1401 with a yield of -1.07%. The equal weight index was also accompanied by a growth of 2.43% and marked the only promising point of the market in the past week. According to most analysts, the state of the stock market is such that everything is tied to the fate of the JCPOA. Of course, a negative atmosphere has been created by some stock market experts in the virtual space, which can be called “Jamaphobia” in the stock market.
Forecast of the stock market next week
As it was said, many experts of the stock market believe that the future of the stock market depends on the nuclear negotiations in order to revive the JCPOA. Of course, experts in this field are divided into two categories; Some people evaluate the revival of the JCPOA as a benefit to the market. The second group also claims that the stock market will be damaged if sanctions are lifted and the nuclear agreement is revived.
The first group believes that by reducing production costs and removing banking and insurance restrictions, we can witness the stock market boom. In such a way that the income of companies will increase naturally and this will have a direct impact on the state of the capital market. This point can cause a jump in the value of banking, insurance and non-dollar shares in the short term. However, in the long run, it will definitely benefit all stock market groups. But in a short period of time, it will definitely benefit the mentioned shares.
Of course, some believe that the government will try to control the price of the dollar by interfering in the currency market. Therefore, they believe that dollar and commodity-oriented shares will face an unprecedented fall that will affect the market. But the first group of experts believe that this possible drop will not be sustainable. Because the government will not be able to keep the dollar rate low for a long time. Therefore, it is predicted that the dollar rate will quickly move towards becoming real even if the government intervenes in the free market.
According to the points mentioned, Weekly stock market forecast The future will also be affected by the results of efforts to revive the JCPOA. However, if the downward trend of the dollar rate continues in the market, the market will probably not have very favorable conditions ahead. But as mentioned, these conditions will not last in case of revival of JCPOA.