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How did the stock market start today, the 20th of January? / How long does the negative trend continue?


According to Tejarat News, at the beginning of today’s stock market trading, the total index of Tehran Stock Exchange fell by about 5,000 units (0.3 percent) and was on the verge of losing the channel of 1.3 million units. This is while the homogeneous total index is moving in a negative direction in parallel with the total index.

In the first 30 minutes of trading, the three symbols Pars, Famli and Foolad had the most negative impact on the overall index. The market continues to trade negatively while most of the symbols in the other groups are negative, except for the transport group, which has several positive symbols. In total, more than 75% of market symbols are traded in the negative range, while commercial carmakers are paying attention to shareholders, and gradually the car and khasapa symbols are also emerging.

The OTC market today is the same as the red stock market and it does not seem to see an improvement in market trading in the rest of the day.

Payam Elias Kurdi, a capital market expert, considers the main problem of the market to be the lack of liquidity. “The new information we are hearing is that money is still flowing out of the stock market,” he said. Given the very low value of trades, nothing much is likely to happen tomorrow, and prices are moving at the same levels.

Read the most important stock market news on the Trade News page.

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