How much did the index last week return? / What will happen to the stock market next week?

According to Tejarat News, the total index of the stock exchange was in the range of 1,397,000 units on the last trading day and lost 1.4 million units. The homogeneous index was in the channel of 392 thousand units on the last trading day and recorded eight thousand negative units.

Last week, the overall index fell 4.7 percent and the homogeneity index fell 6.6 percent. A further drop in the homogeneity index compared to the overall index shows that last week, in addition to the negative trend of large groups in the market, small groups were not in a good position.

The 5% drop in the overall index comes at a time when such a heavy drop since the summer has been almost unprecedented. It seems that after the market had an almost positive and stable trend for a few weeks, now the need for correction for another growth is fully felt.

This week, of course, various events took place in the stock market, the most important of which was the change of the head of the stock exchange organization. What happened last night is likely to affect the stock market next week. The sale of government bonds on the stock exchange, as well as the market’s expectation for the release of six-month reports of listed companies, are two important events that will probably affect the market next week as well.

Capital market experts predict that the market will not change until the first half of November and until the full publication of the companies’ reports, and will remain volatile.

Read the latest stock market news on the Trade News page.