Forecast of the stock market today, October 18

Yesterday, the total index of the Tehran Stock Exchange was on the verge of falling in the channel of 1.2 million, and with a decrease of 11,638 points, it reached the level of 1,305,000 points. The equal weight index behaved in line with the total index and was in the range of 376 thousand units.

Statistics show that from the beginning of this year to the end of September, 1,815,252 shareholders have registered in the Sejam system, which is compared to the 6-month period of the previous year when 866,934 shareholders were registered in this system. It gives 110% of growth. (Samat)

The increase of shareholders entering the stock market can be news for the entry of new liquidity into the capital market, liquidity can also change the trend of the capital market and make it upward.

With the approval of the central bank’s executive board and in order to facilitate transactions in the stock market, the transaction limit of internet payment portals and card readers of stock exchange brokerages will be increased from 50 million tomans to 500 million tomans (10 times). (central bank)

Experts believe that through this resolution, new liquidity can enter the capital market.

The vice-president of market supervision of Farabours Company announced by publishing a notice of including 9 symbols to change the scope of price fluctuation if there is a desire to comply with clauses 2, 3 and 4 of the criteria related to Article 21 of the market management activity guidelines. (Frabours)

Increasing the number of symbols included in the range of volatility helps the liquidity of market symbols.

The first step of modifying the gas pricing formula for methanol was taken. Based on this, the government can, through approvals, change the formula for the sale of feed to petrochemicals, for which a ceiling of 5,000 tomans was set earlier in February 1400, in order to compensate for the pressure caused by the drop in global prices. (Sena)