Is the market afraid of agreement? / The stock market is worried about a possible disaster in the currency market
According to Tejarat News, the stock market ended this week with a drop of more than 8,000 points in the total index stock market concern And the shareholders of the future of the market intensified.
Today, 26 August 1401, Tehran Stock Exchange Index faced a drop of 8 thousand 105 points. The stock market ended the week in a situation where the downward trend of recent days has led to the registration of one million and 451 thousand units. But the equal weight index continued its upward trend this week with 451 units of growth and reached the range of 399 thousand units. This point means being on the verge of withdrawing the channel of 400,000 units.
What is the stock market worried about?
The news that has been published about the developments of the JCPOA indicate that the chances of revitalizing the JCPOA are increasing. An agreement that can greatly reduce production costs and naturally the stock market will also benefit from this. In addition to this issue, the issue of attracting foreign capital in case of revitalization of the JCPOA is raised, which can mean an increase in the value of the shares of the companies on the stock exchange. On the other hand, the costs of buying raw materials will be significantly reduced and the banking transactions of companies will also be facilitated. But what is the reason for the negative reaction of the stock market to the promising news of the JCPOA?
A strange thing that can be seen on stock market pages in social networks these days is the injection of despair by some experts. This group of analysts claim that the government intends to control the dollar rate in the free market if the JCPOA is revived, and this has caused the stock market to worry about any agreement. Of course, the decrease in the exchange rate at the same time as the news of the JCPOA has strengthened this theory and the shareholders seem to have accepted it.
Experts: Don’t pay attention to breweries
But some stock market experts have an opinion against this issue and believe that the revival of JCPOA will benefit the economy as a whole and consequently the stock market. According to this group of experts, the stock market’s concern about reaching an agreement is caused by the negative wave that some oscillators inject into the market, and interestingly, these same people are in the buying queues.
From the point of view of the second group, even if the government tries to control the dollar rate, the price spring will be released after a while. These measures may last for 2-3 months, but after some time we will see the real price in the currency market again. However, all these assumptions are raised with the clause “if” that the government intends to control the dollar rate or not?
At the same time, the diplomatic opening leads to the establishment of a stable relationship with the world and foreign companies. A point that will be the winning card of the government after the revival of the JCPOA and will definitely affect the economy as well. The stock market will undoubtedly see the effects of the relationship even in the short term. These changes are more sustainable than any wave that some vested interests are fueling and creating stock market concern and are shareholders.