Forecast of the stock market on Wednesday/ Reconciliation of Baharistan with the stock market? – Tejarat News

According to Tejarat News, 27 working days have passed since the start of the last upward rally of the total index. During this period, the main index of the glass hall has managed to grow by more than 41%. The interesting thing about the kinetic wave of the indicator is that the most correction made by this indicator was 2.41%.

Tuesday’s trading started from the negative range. In the following, most of the stocks found their way to the positive side of the fluctuation range. The main index of Glass Hall took a big step towards its goals during Tuesday’s trading with an increase of 37,992 units, which is equivalent to 1.5% of the index’s height. Based on this, the total index stood at the level of two million 518 thousand units at the end of today’s trading.

Also, the equal-weighted total index behaved in line with the total index and reached the level of 845 thousand 396 units with a growth of 2.5 percent.

Tehran Stock Exchange through the lens of statistics

The board of the Tehran Stock Exchange shows the volume of transactions on Tuesday at 25 billion 410 million and the value of transactions at 18 thousand 226 billion tomans.

Investigating the ownership statistics of real people indicates the entry of real capital into the stock market. The capital inflow and outflow index at the end of Tuesday’s stock exchange reports that 1,338 billion tomans worth of money has entered the stock market.

Increasing and maintaining the level of value and volume of transactions has made the capital market continue to grow. Also, as long as we don’t see high-volume offerings from legal entities, we can hope for the continuation of the upward trend of the eye market.

In the meantime, in order for the index to reach its goals, which according to experts are in the range of 2 million 700 to 2 million 800 thousand units, the absence of negative shocks to the capital market seems necessary.

From deflating the car bubble to capital gains tax; All to the taste of the stock market!

Parallel to the flow of favorable transactions on Tuesday in the Glass Hall, good news is heard from Baharestan. On Monday, two urgent reviews of the foreign used car import plan were approved in the parliament. If this plan is finally approved and the import of used cars is approved, we can witness the emptying of the existing bubble in the car market.

On the other hand, the capital gains tax was able to inject a positive atmosphere into the market transactions again. Among the markets that are supposed to be taxed, the name of the capital market does not appear. Therefore, with the decrease in speculative demand in parallel markets, such as real estate, automobile, gold, precious metals and even cryptocurrencies, it can be expected that part of the liquidity in the aforementioned markets will be sent to the stock market.

In the pessimistic scenario, however, some believe that the existence of such a plan with heavy taxes will cause capital to flee the country. Also, the existence of ways to avoid taxes, such as making documents promissory notes, endangers the achievement of the intended goals of this plan. Therefore, to measure the real impact of the capital gains tax plan on the stock market, we have to wait for the implementation of this plan.

Reforming the stock market depends on reforming the currency?

During the last two weeks, two factors caused turmoil in the Ferdowsi market. The first case was the news of the inability of companies to buy currency from the open market. This news sent a relatively negative signal to the market, which increased the price of the dollar. On the other hand, the release of the blocked resources for the registration of cars caused a part of the liquidity to be drawn to the currency market and the prices to increase.

At the same time, with the total capital market index reaching the range of two million and 500 thousand units, which is an important range from a psychological point of view, the expectations for the arrival of the correction time are increasing. In the short and medium term, experts envisage a fluctuation in the 50-60 thousand toman channel for the American banknote. The timing of the index reaching the range of 2,500,000 units and the recent growth of the dollar has led some to link the market correction to the currency market correction.

However, experts expect that the supply will increase on the last day of the week, but the strength of demand will still be the winner of the stock market.