Forecast of the stock market in the first week of October (infographic) – Tejaratnews
According to Tejarat News, the total stock market index closed down in the last week of September, which coincided with the last week of the second quarter and the first month of the year. However, a look at the chart of the total index shows that the main index of the market at the end of the first half of the year recorded a positive return of about 8.2% and went from 1,960,000 units to 1,121,000 units at the end of the last trading day of September. .
Will the stock market begin the first week of the second half of the year with an upward trend? Especially, some positive news about steels and the possibility of improving their situation in the world markets have come to the help of Tehran Stock Exchange. Capital market experts have predicted the stock market in the first week of October in the weekly survey of Tejarat News and have introduced the groups that will probably attract the attention of traders.
The highest and lowest yield of symbols in the last week of September
The review of the transactions of the fourth week of September 1402 shows that the shares of Rayan Hamafza Company, with an increase of 23% during four trading days, became the most profitable share of the capital market and reached the price of 1,977 Tomans. Rafza’s technical analysis also indicates that the most important support for the stock is at the level of 1,750 and its closest resistance is the level of 2,17 Tomans. Also, the two shares of Bahawar and Qazvin increased by 17% and 18% respectively in these four working days and reached the levels of 533 and 850 Tomans.
On the other side, Sedbir, which is considered an investment share, had the worst performance among its competitors with a 12% drop and recorded a balance of 4,685 tomans on the first OTC board. The two levels of 4,237 Tomans and 5,531 Tomans have been identified as the most important support and resistance levels of the share.
Tepola and Hashkoh were also named as other high-yielding shares of the stock market in the fourth week of Shahrivar. It should be mentioned that these two shares reached the levels of 2,300 Tomans and 545 Tomans this week with a decrease of 11%.
Read more reports on the capital market page.