How profitable was the stock market last week?

According to Tejarat News, last week the total stock index grew by one percent and on the last trading day it was in the range of 1.488 million units. The total homogeneous index also recorded a growth of about half a percent during the last week and was in the channel of 427 thousand units.

Capital market experts predict that the stock market trend will be positive in the coming week and the index will probably reject the resistance of 1.6 million units.

Also in the coming week, two factors, reports of refining companies and quarterly reports of companies, can be effective in changing market movements.

Yesterday, Ali Salehiadi, the former head of the Exchange Organization, was introduced as the new head of the Central Bank at a cabinet meeting. And this issue will challenge the central bank.

Also, in the last hours of yesterday, the price of the dollar entered the channel of 27,000 Tomans, and this issue seems to be effective in the movements of the stock market next week.

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