bourseEconomical

Is the positive trend of the total index / grammatical growth in the stock market sustainable?


According to Tejarat News, the stock market has been on an upward trend since last Wednesday and has grown by more than four percent by the middle of today. The total index, after a sharp drop in the last two weeks, is currently in the channel of 1,281,000 units with a growth of 1.8%. The total value of stock exchange transactions in the middle of the market is about 2600 billion tomans.

Automakers lined up in the middle of today’s market. Fars, Foolad and Famli recorded the most positive impact on the total index today so far. While growth has been seen in almost all groups over the past few days and most stocks are green, experts are not optimistic. According to most experts, the growth of the stock market has taken place only by stopping the supply of legal entities, and the volume and value of transactions are still not as good as they should be.

“I am not optimistic about this kind of stock market support,” said Borzoo Haghshenas, a stock market expert. It is not interesting for lawyers to gather in a room and support it with controversy. If something is to happen in the market, transactions must increase in volume. It does not make sense to block the supply of rights.

He continued: The market needs the value of transactions above 4000 billion tomans. In this situation, the market is not very interesting. The value of trading today was good until the middle of the market. It is a good thing if the volume continues to trade and the shares remain positive, otherwise the growth will not be as sustainable.

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