Is it a good time to enter the stock market? / Which groups are valuable?
According to Tejarat News, today in the first half of trading, the index has taken on a growing trend. And it has a better trend than yesterday. Today, the total stock index with six thousand positive units is in the range of one million and 433 thousand units.
The homogeneous index in the first half of trading with a thousand growth units is in the channel of 395 thousand units. Today the market as a whole and especially the base metals, automotive and chemical groups are positive.
Ebrahim Samavi, a capital market expert in stock market analysis, told Tejaratnews: “The current situation in the capital market shows that there is fear in it.” The loss of trust of small shareholders in the government is an important issue that has affected the market these days.
“Ambiguities are about the dollar, and the Vienna talks are another important factor that has changed the course of the stock market, prompting major shareholders to trade cautiously,” he said.
“The significant growth of commodities in the market has led to the appreciation of many industries such as metal ores, base metals (aluminum and copper cathode companies) and steel companies,” he said.
Samawi added: “We can also refer to petrochemical companies that produce urea and methanol, which are at valuable prices.” In the coming days, six months of unaudited reports will be released, which are recommended to be reviewed by individuals, as these tax returns are likely to grow.
Regarding the entry of shareholders into the stock market at the current stage, the market expert said: “If people look at the market with a long-term view, in the current situation, they can enter the valuable industries of the market and buy at least one step.” But if they have a short-term view of investing, it is not recommended to enter the market because the conditions are volatile.
He added: “People who can not tolerate market fluctuations, it is better to keep their capital in cash or invest in fixed income funds.”