Forecast of the stock market in the third week of October (infographic) – Tejaratnews

According to Tejarat News, the review of the transactions of the second week of October indicates that the total index of the stock exchange reached two million and 69 thousand units from the balance of two million and 97 thousand units with a decrease of 1.33% during the four trading days of the second week of October.

In this four-day path, the equal weight index was with the total index and decreased by 0.37 percent. So that the equal weight index reached 715 thousand 990 units from the level of 718 thousand 626 units this week.

This week, the stock market witnessed the withdrawal of more than 800 billion tomans of real money, and the value and volume of retail transactions were not impressive. But will the same trend affect the stock market during the third week of October?

In the weekly survey of Tejaratnews, capital market experts have predicted that the stock market will be bullish or bearish in the coming week. They have also answered which groups are of interest to investors.

The highest and lowest returns of stock market symbols in the second week of October

Reviewing the transactions of the second week of Mehr 1402 shows that the rising numbers of high-yield shares have decreased. So that Zemlard was named the most profitable share this week with a 20% growth. It should be said that Mallard Shir Agriculture and Animal Husbandry Company published an advertisement this week under the title of capital increase from the place of revaluation of assets, and this caused the demand for Zamlard shares to increase.

The technical analysis of this share shows that the two levels of 1,776 Tomans and 2,195 Tomans are considered the most important support and resistance of this share, respectively.

On the other hand, the shares of Saman Gostar Company of Isfahan “Saman” were the leader of the low-yielding shares of the stock market this week, just like last week. It should be mentioned that the support of the share was lost at the level of 3 thousand 207 tomans and currently the level of 2 thousand 598 tomans is considered the most important support of the share.

Fraboras and Vamalem were the other low-yielding shares of this week, which decreased by 14% and 12% respectively and reached the levels of 932 and 229 Tomans, respectively. The support and resistance of these two stocks are also shown in the table below.

Read more reports on the capital market page.