How is the stock market in the coming days? / The probability of further decline of the index decreased

According to Tejarat News, the stock market had a negative trend in the last two days and today it became positive on the third trading day. The total stock index at the end of the market reached the range of one million and 457 thousand units. What is the trend of the stock market in the coming days?

Speaking to Tejaratnews about the coming days of the stock market, Habib Faraji Dana, a capital market expert, said: “The most important factor in the market is the publication of companies’ six-month reports, and we expect significant reports from petrochemical, refinery, iron ore and cement companies in the market.” .

Farajidana continued: “If these reports are better than forecasts, the market will react better.” As a refinery group, we are close to publishing six-month and three-month reports, and this factor is creating a positive trend in the market.

Regarding the negative factors affecting the market, he said: “If world prices are declining, the market trend is declining.” But commodities are unlikely to fall in price.

The market expert said in another section: “The market has moved towards shares that have a better p / e, and these groups are more successful. Refineries, urea manufacturers and petrochemicals are in this category.”

Banking and automobile groups are volatile and do not form a particular trend unless positive signals reach them, including the discussion of car price liberalization, central bank policies on bank exchange rates, and asset generation if a new paradigm in this group has a positive impact on this. The group leaves. Otherwise, if they do not have a specific report, their process is balanced.

Read the latest stock market forecasts every day at 5:00 PM on the Forex Trading News page.