Forecast of the stock market on Saturday, April 19, 1402 / The effect of the increase in car prices on the capital market

According to Tejarat News, the stock exchange trading on the last trading day of the week was such that the total index moved in line with the previous day’s trend; Accordingly, the main index of the glass hall faced an increase of 18 thousand and 362 units, which is equivalent to 0.87 percent of this index, and ended its work at a height of two million and 137 thousand units.

In this way, the total index has been stabilized above the ceiling of 1999. On the other hand, the equal-weighted total index market behaved in line with the total index and reached the level of 651,078 units with an increase of 2.09%.

The board of Tehran Stock Exchange shows the volume of transactions on Wednesday at 24 billion and 200 million. Also, the value of retail transactions (stocks + mutual funds) in the market was 16,165 billion tomans.

Also, the investigation of the ownership statistics of real people indicates the entry of real capital into the stock market. The index of capital inflow and outflow at the end of the stock market on Wednesday, reports that 806 billion tomans worth of money has entered the stock market.

Decreased energy of ascent in the last days of the week

During the last two trading days of the week, Tuesday and Wednesday, the market was faced with an influx of sellers and supply pressure at the beginning of the market.

Considering that the historical ceiling of the index was in the touching stage, as an important psychological resistance, it provided the platform for increasing supplies and the presence of sellers.

At the same time, some signs indicate the strengthening of the buyers’ side at the end of two busy days and the war between supply and demand. For example, the emergence of new buyers on the refining symbols board was evident on Tuesday.

During the trading on Wednesday, many symbols moved away from the floors they made at the beginning of trading and experienced higher prices.

John, the upward trend with the March reports of the companies?

While experts consider it difficult to predict the stock market in the coming week due to several reasons, including ambiguity in diplomatic events and the uncertainty of what will happen, with the release of the March reports of the companies in Kodal, the new prices of the goods that have been launched and The products whose price was discovered in the commodity exchange last week can be expected to enter the market and market conditions will be much better than before.

It goes without saying that in a market that relies more on analysis, stocks with fundamental potential will inevitably be separated from stocks that are less prone to growth.

Is Khodro Group the leader of Tehran Stock Exchange again?

While the conflict between the Competition Council and the Ministry of Security continued until the end of the week, the increase in the prices of the two automobile giants of the country was finally announced.

According to the announcement of the Vice Chairman of the Competition Council, the average price increase of Saipa products will be 35% and Iran Khodro products will be slightly more than 35%. This matter was unanimously approved in the recent meeting of the Competition Council and the process of notification to the Ministry of Safety and Automobile Manufacturers is underway.

As mentioned above, we are now close to the season of stock market companies’ meetings, and at such times of the year, symbols that have high potential for dividend distribution are expected to take the leadership of the capital market.

On the other hand, the increase in the price of automobile products can provide conditions similar to November 1401 in the stock market; Where the supply of high-volume cars in the stock market marked the current upward trend.

Read more market analysis reports on the stock market news page.