Forecast of the stock market tomorrow / What are the influencing factors on the capital market?

According to Tejarat News, the total stock market index turned red at the end of trading on the first working day of the week. Will futures trades change course with this blushing?

Today, Saturday, the eighth of August, the trading of the total index of the Tehran Stock Exchange ended with a relatively fluctuating movement. The index was on the uptrend until the middle of trading, but it was on the downtrend from around 11 o’clock. Similarly, at the end of today’s trading, the total index experienced a drop of 2,842 units, equivalent to 0.2%, and the index reached the level of 1,440,000 units.

The weighted index also moved in the same direction as the total index and recorded a drop of 0.5%. Therefore, the equal weight index settled at the level of 387 thousand 217 units.

Saturday stock market forecast

Soheila Naqipour, an expert on financial markets, said in a conversation with TejaratNews: Today, the capital market started its trend well, but in the second half, it took a downward trend. Finally, the total index decreased by 2,800 units and reached the channel of 1,440 units. The value of transactions was 2,700 billion tomans, which is a very small number, and until the value of transactions increases, the market will take a good shape.

He continued: The capital market is experiencing a balanced downward trend. After a month in a row, today he faced the withdrawal of real money. Also, the demand for funds is the highest, and money flows into fixed income funds. About 450 negative symbols traded alongside 150 positive symbols. The most influential symbols in the Shabriz index were Femli, Foulad and Khodor, and the top group was the automobile industry.

This financial market expert explained: Currently, the market does not react to good news. The stock market will not grow significantly until the money and the discussion of removing the trust of the shareholders are formed. On the other hand, there is a discussion about increasing the interest rate of the United States with the aim of controlling inflation and recession. Inflation, which has reached its highest level in the last four decades, will decrease.

Finally, Naqipour said: American interest rate may affect the price of commodities and commodity-oriented companies are involved. Increasing interest rates and the discussion of frustration in the negotiations are the factors that make the stock market unattractive.

Is the market growing?

After the meeting of the Governor of the Central Bank and the Chairman of the Stock Exchange today, the bank interest rate started to decrease and reached the range of 21.13. Some analysts and capital market experts believe that due to this reduction in the interbank interest rate, the stock market will also turn green.

Of course, this interbank interest rate has a psychological effect on the market and cannot actually make the stock market fall. The prediction of capital market experts shows that the stock market will go through a relatively upward trend this week. Also, in this week, refining industries will be the leaders of the market.

The important point here is that these industries are the leaders of the market in the long term, and shareholders should not expect growth in a week by buying today. Most of the experts who participated in the weekly forecast of Tejarat News believe that until the liquidity enters the capital market, the transactions will continue in a volatile manner.

But in general, it can be said that the capital market goes through an upward trend in the long term and gives its investors more profit than parallel markets.

Read the latest capital market news on Tejarat News Stock Exchange page.