Forecast of the stock market tomorrow / Will the ice break the recession?

According to Tejarat News, the capital market is still in recession despite the holidays Tomorrow’s stock market forecast Been paid.

The total index of Tehran Stock Exchange stabilized today on July 28, 1401 with a not so significant drop in the range of one million and 468 thousand units. But the equal weight index is going through unfavorable conditions because the downward trend of recent weeks has caused this index to be on the verge of falling to the channel of 300,000 units.

Tomorrow’s stock market forecast

According to the events that happened recently in the Tehran Stock Exchange, experts predict that the stagnant atmosphere of the market will continue. Most analysts believe that numerous risks surround the capital market. Each of these risks, which have deep roots in economics and politics, have caused the current conditions in the stock market.

Among the most important of these risks, we can mention the issue of JCPOA negotiations. Due to the failure of the Doha negotiations, many experts believe that the process of revitalizing the JCPOA has stopped. On the other hand, some analysts believe that Vladimir Putin will definitely discuss Iran’s nuclear issue with Iranian parties during his visit to Tehran.

According to this group of experts, due to the heavy competition with Iran in the energy market, Russia does not have much desire to lift the US sanctions against Tehran and subsequently revive the JCPOA. Therefore, it is expected that this fundamental risk of the country’s economy will remain. The stock market will definitely not get a positive effect from the wider scope of this risk.

On the other hand, the issue of handing over the shares of car manufacturers, which entered the pricing and price discovery stages, has been raised as a driving factor in the market. But experts believe that the margins of the transfer of these shares have caused the shareholders to refrain from entering into this discussion. But many believe that the market will undergo positive changes once the government starts subscribing the share of car manufacturers.

Short term perspective

But in the short term and obviously the trading process tomorrow, we don’t expect much change in the market situation. Of course, according to most analysts, the interest rate issue has also affected the scope of the stock market recession. But as mentioned, there are many fundamental risks surrounding Iran’s economy, which the stock market is suffering from. Therefore, it is expected that if the current conditions continue and nothing new happens, the market will continue to work with the trend it has experienced in recent days.