Forecast of the stock exchange on Saturday, November 13, 1402 / The developments of the Gaza war under the microscope of the Tehran Stock Exchange

According to Tejarat News, the volatile week of the stock market ended with a predictable flurry of transactions. While the heavy negativity of the first day of the week pushed the index down from the strong barrier of two million units, the positive flow of the next day’s transactions gave a little fluctuation to the stock market people.

On Tuesday, the market had a balanced atmosphere with the recognition of the profits of those shareholders who had bought at the end of the trading session on Saturday. Regarding the last trading day of the week, it can be said that the market’s risk aversion from geopolitical risks, which has been overshadowing the market for some time, made the Tehran Stock Exchange to welcome the third week of November with enthusiasm.

At the end of trading on the last day of the last trading week, the main thermometer of the glass hall fell by 0.54%, equivalent to 10,684 units from the height of this index, and it was still far from the two million units mark. The decrease 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 parallel performance but with a greater intensity, with a drop of 1.49%, equivalent to 9,962 units, at a height of 660 A thousand units were placed.

The overall OTC index, which reflects the general level of the stock prices of the companies present in the OTC, also dropped by 1.01 percent, equivalent to 244 points from the height of this index, and was in the range of 24 thousand 63 points.

Tehran Stock Exchange in the mirror of statistics

The board of the Tehran Stock Exchange showed the value of small transactions (stocks, preemptive rights and mutual funds) of the stock exchange on Wednesday at 3,731 billion tomans. The value of transactions experienced a slight increase compared to Tuesday, but placing the value of transactions in the channel of three thousand billion tomans is still not enough to move towards the dynamics of the market. In general, until this evaluation index of the Tehran Stock Exchange cannot be stabilized in the ranges higher than five hemats, from the point of view of table reading, it is not possible to draw a clear vision ahead of the stock market.

The board of Tehran Stock Exchange shows the trading volume of 6.7 billion shares on the last day of the week. 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 arrival of fresh shareholders makes the way up smoother.

The purchasing power in the market on Wednesday recorded a negative figure of 1.27, which indicates that the sellers are more powerful in the market. Also, checking the ownership statistics of real people on this day indicates the withdrawal of real people’s capital from the stock market. The index of capital inflows and outflows at the end of the stock exchange on Wednesday reports the outflow of 777 billion tomans from shares, preemptive rights and equity funds.

Saturday stock market forecast

If the outcome of Hizbullah’s speech is the further igniting of the war in Gaza, concerns about the expansion of the dimensions of the war and Iran’s involvement in this field will lead the Tehran Stock Exchange to the negative side. In the previous reports, it was said that the market has reached a good price and the buyers are also sitting on the hunt for the current prices. Although the current policies of the government are still not in favor of producers and serious changes are needed for the purpose of supporting the producer, but if the dark shadow of the war fades, we can expect the growth of the market until the first century of the channel of two million units.

In addition to the inflammation of the war that affects the conditions of the stock market, the people of the capital market are carefully following the increase in the rate of bonds issued by the government. Considering the budget deficit of 380 thousand billion tomans of the government, experts expect the rate of these bonds to increase. Meanwhile, the rate of financing for the private sector through the issuance of bonds or in other ways is crossing 35%.

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