Forecast of the stock market in the winter of 1400 / Has the stock growth trend started?
According to Tejarat News, the stock market has been growing in the last four trading days after many ups and downs last week. Experts believe that this trend is sustainable and the probability of a return of the overall index is very low.
Mohammad Mehdi Ashrieh, a stock market expert, said the overall index was technically very strong. It was in the very important range of PRZ and finally entered the space of changing trend and ascending. In my opinion, this trend is continuous and the index floors are increasing in steps.
He continued: “Positive changes were promised in next year’s budget.” Items such as removing symbol suspensions, reducing taste controls, and so on can be one of the factors restoring confidence in the stock market. Financial markets need freedom. Positive moves were made by the Ministry of Economy and the head of the Exchange Organization, which changed the attitude of analysts and activists towards the market.
The world of economics wrote:
Stock Exchange forecast for the winter of 1400
The autumn of 1400 was not only less fruitful than in previous years, and there was no news of autumn rains, nor was there any achievement for the capital market. Although shareholders saw green days in the stock market at the beginning of the season and the market situation improved slightly, as the second half of autumn fell, the market plummeted faster and the index red days became more positive.
The government’s uncertainty in the process of car pricing and in the shocks of next year’s budget bill to industries and listed companies, caused the stock index of December to fall behind by about 50% and lag behind its competitors in terms of returns.
Increase in demand in February
Ehsan Rezapour, Capital Market Expert: In recent weeks, the second half of autumn, the market has experienced rapid declines. These declines were due to the behavior of decision makers and policy makers, which increased the ambiguities in the market, to the point that we witnessed the 10-item decree, and with this decree, the Minister of Economy assigned part of the ambiguities.
The approvals, which included 10 clauses, allayed investors’ concerns in some areas and clarified the task to some extent, however, we also saw that this support package could not gain enough trust from investors and shareholders.
The most important reason is that the promises, promises and resolutions that exist to support the capital market in the implementation process have either been very slow or sometimes changed too soon and due to lack of coordination, implementation has been suspended or delayed. An example of such a decision was the pricing of the car, which faced the situation and affected the market, so the repetition of such events has made investors think that they should not be optimistic about these approvals or such comments. And it is better to wait for these approvals to become operational so that they can invest with less risk.
Of course, it is true that the first days of winter were affected by the new government decree, the 10-point support package, and the downturns stopped and the market was lucky, but it seems that there are still worries about the market and if contradictory news is broadcast in the coming days It can reduce the motivation of investors to buy shares of companies at the prices that have risen in recent days. Naturally, if we face an increase in supply, the market volatility we have experienced in recent months will be repeated.
Of course, it should be borne in mind that the further we go, the more the effects of the Nima 24,000 Toman dollar and the sales performance of companies with new conditions and increased prices in the companies’ financial statements will become more apparent. Tendency to reduce supply; Especially since the attractiveness in other markets will not be greater because of the outlook that exists.
Read the latest stock market news on the Trade News page.