Forecast of the stock market on Wednesday, October 26, 1402 / The shareholders are being crippled in the shadow of war – Tejaratnews
According to Tejarat News, the negative entry and exit index of real money into the stock market after only one day made some shareholders worried about the performance of stocks in the coming trading days. However, this event has a positive side that has received less attention. After the disappointing performance of the stock market last week, Monday’s hearty performance made some marketers consider the market’s positive outlook as an opportunity to exit. In such a situation, this group of shareholders will offer their shares, and on the other hand, new shareholders will enter the market and provide the basis for continued growth.
The subsidence of the war between Hamas and Israel until this moment, which has happened with the absence of an Israeli ground attack on Hamas positions in Gaza, has given the market a chance to breathe. However, with the aggressive stance of the parties, the situation in the region does not seem to be moving towards stability. Based on this, two views have been created among the people of the capital market. Some believe that the market trend has changed, and others consider the positive market as an opportunity to exit. Therefore, the escalation of tensions in the Middle East can determine the fate of the market.
The performance of the glass hall displays
At the end of trading on Tuesday, the main thermometer of the glass hall with a growth of 0.65 percent, equivalent to 13 thousand and 95 units from the height of this index, was at the level of two million and 31 thousand units and was far from the two million unit mark to create a margin of confidence for shareholders. slow
The increase 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 but less intense performance and increased by 0.46%, equivalent to three thousand and 161 units, at a height of 689. A thousand units were placed.
The total OTC index, which reflects the general level of stock prices of the companies present in the OTC, was able to continue its adventure in the channel of 25,000 units with a growth of 0.52% equivalent to 129 points from the height of this index. During trading on Tuesday, the situation of the total index and the weighted index did not have a significant and special difference, but the total index showed a better reaction to the prevailing flow of positive market sentiments.
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) on Tuesday at 3,885 billion tomans. Placing the value of transactions in the channel of three thousand billion tomans is not enough to move towards the dynamics of the market. However, the market’s efforts to maintain the level of 3880 billion transactions should not be neglected.
The board of Tehran Stock Exchange shows the trading volume of 6.3 billion shares on Tuesday. 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 entry of fresh shareholders makes the way up smoother.
The buying power in the market on Tuesday indicated the equal power of buyers and sellers. This index showed a view of the balance in the market on Tuesday. Also, after a long time, the investigation of the ownership statistics of real people on Tuesday indicates the entry of real people’s capital into the stock market. The capital inflow and outflow index at the end of Tuesday’s stock exchange reports the outflow of 150 billion tomans from shares, preemptive rights and mutual funds.
Wednesday stock forecast
Hossein Amirabdollahian said in an interview: The time for political solutions is running out and the possible expansion of the war on other fronts is approaching the inevitable stage. This position of the authorities has caused the concern of Iran entering the war between Israel and Hamas to increase. Based on this, the shareholders were more cautious than the previous day.
Based on this, the balance flow is expected to continue on the last day of the stock market, but the fate of the market in the coming week is highly dependent on the decisions that take place in the western lands of the Middle East.
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