Forecast of tomorrow’s stock market / Which market industries will grow?
According to Tejarat News, the total index of Tehran Stock Exchange faced a slight growth at the end of trading today. At the end of today’s trading on Monday, it reached 1.436 thousand units with an increase of 44 units.
On the third working day of the week, the total value of stock market transactions increased to 163 thousand 87 billion Tomans. The value of debt securities transactions in the secondary market was 158 thousand 133 billion tomans, which constitutes 97% of the total value of capital market transactions. Today, the value of small stock transactions increased by 4% compared to the previous working day and reached 3,664 billion tomans.
Which industries are affected by JCPOA?
Capital market expert Iman Raisi said in a conversation with Tejarat News: The stock market is affected by the JCPOA and fluctuates because of it. The block supply of cars has been sidelined and does not have much impact on the capital market anymore.
He continued: Automotive, banking, transportation and insurance groups are affected by the JCPOA news. That is, these few days, the banking and automobile group experienced good growth due to the positive news of JCPOA negotiations.
This capital market expert emphasizes: the positive atmosphere of the Farda market is also continuing; But due to the increase in supplies, the trend becomes more balanced. Tomorrow and next week, the capital market can experience good growth in automotive and banking groups.
Referring to the price reduction in the financial markets, Raisi said: Today, the price of the dollar has reached less than 30 thousand tomans and the price of the Imami coin has also reached less than 14 million tomans. On the other hand, due to this reduction in prices and news, we see that rial, automotive, transportation and banking groups can experience good growth in the stock market.
He states: In the refining industry, the supply increased and the reason for this was the positive effect of rial groups. The drop in the price of the dollar and JCPOA has an effect on these groups and they are probably still leading industries in the stock market.
Read the latest capital market news on Tejarat News Exchange page.