Forecast of the stock market today, 26 December
At the end of trading on Wednesday, the total index of the stock market continued to rise and with an increase of 18,000 units, it sweetened the taste of the shareholders, especially the shareholders of the index-making symbols, and reached the range of 1,474,000 units.
The total equal weight index of the market, which represents all the symbols present in the Tehran Stock Exchange with the same weight, was able to reach the range of 433 thousand 763 units with an increase of 2 thousand 187 units. The hotel and restaurant industries and telecommunication equipment group were the leaders of the growth of the total equal weighted index with more than 4% growth.
There are several signals for the market today and experts believe that the glass hall is experiencing a balanced trend. Accordingly, it is expected that the total index will show a fluctuating and balanced performance on this day.
Increase in interbank interest rates
According to the latest changes in the interbank interest table, this rate has reached 20.99%.
With the increase of the interbank interest rate, banks are forced to increase the interest rate of their deposits in order to obtain the ability to repay the interbank interest rate, which means the interest rate of borrowing between banks, by attracting deposits.
As a result, an increase in the interbank interest rate with an increase in bank deposit interest will direct liquidity to the money market. The important thing in between is that with the effective rate of return of 30% in the debt market, which is currently covered by the bonds issued by the government, a small increase in the interbank interest rate will no longer have an effect on the effective management of liquidity. Moreover, the attraction of funds by banks in the case of productive investment will increase production and prosperity of the capital market in the long run.
This year’s coal consumption record will be broken
The International Energy Agency has predicted that global coal consumption will climb to an all-time high this year despite ambitious global targets to phase out the highly polluting fossil fuel.
The increase in demand for coal is important because the price of coal increases in the world market, and the Tehran Commodity Exchange, especially the industry related to mining and the coal group, will also be affected by this increase in prices.
The time of allocating the equity shares of the survivors was announced
The approval letter of the Council of Ministers clarified the duty of the survivors of equity shares and according to the head of the Privatization Organization, according to the budget law of this year, these shares should be allocated to the people identified as survivors this year.
Saturday; Commodity exchange high-traffic day
According to the published announcement, the list of Saturday’s deliveries dated 1401.9.26 has been determined.
According to the published announcement, Gol Gohar Iron and Steel Development Company will supply 4 thousand tons of sponge iron at the price of 7.9 million Tomans per ton in the Industrial Hall on Saturday, 1401.9.26.
Commodity exchange with the supply and demand mechanism will act against the command pricing. In this regard, with the sales rate close to the free market rate of goods such as iron, cement or cars, the producer’s profit and thus the shareholder’s profit increases.