bourseEconomical

How likely is it that the cryptocurrency will have a positive effect on the stock market / the fall in the price of the dollar?


Overall, the stock market was negative in the first half and neutral in the second half, according to Tejarat News. The supply of government bonds, the continuation of the orderly pricing process, the cut-off of industrial gas and the passage of the strange law on liberalizing car imports were among the factors that affected the stock market.

Although the stock market finally ended green in the fourth week of November, the trading volume was extremely low. On the other hand, the overall index decreased by 3.1 percent compared to the third week. Now we have to see with this situation, how will the stock exchange spend the last Saturday of November?

Ali Assari, a stock market expert, said the dollar had almost one of its most volatile weeks in the past week. Recently, there has been talk of liberalizing Iran’s resources. There is a possibility of injecting these resources into the market to control prices. As a result, the currency will experience a reasonable decline. This is one of the most important factors that can affect the capital market.

He continued: “On the other hand, uncertainty in the negotiations and the adoption of incomprehensible laws by the parliament, especially in the field of car prices, can lead to unrest in the capital market.” The only positive thing about the stock market is the cryptocurrency market. This market has witnessed a relatively large decline in the last few days and there is a possibility that it will enter the stock market from this money market.

“Crypto trading has recently been able to influence other financial markets, including the stock market, and has more weight and power than before,” he said.

Read the latest stock market forecasts every day at 5:00 PM on the Trade Exchange News Forecast page.

Leave a Reply

Back to top button