Is the stock market forecast for Tuesday, April 15, 1402 / Bahar Bazar continuing? – Tejarat News
According to Tejarat News, five working days have passed since the new year, and during this time, the total index of the stock market has been able to enter the range of two million units. On the last working day of March last year, the total index was at 1,960,000 units and at the end of the first working week of the new year, it reached 2,780,000 units. In this way, the index started the whole year 1402 with a return of 6% (weekly).
The growth of the total index and the positive return of other market indices (equal weight, over-the-counter) have allowed us to witness the entry of new liquidity into the stock market. Due to these conditions, experts believe that the Tehran Stock Exchange will experience a very good trend this year, because all the influential components indicate the rise of the market, and this year will probably be the year of making up for the losses of 1999.
But the main problem here is that if the authorities intervene in the stock market by creating systematic risks like in the past years, growth for the market cannot be imagined. In particular, today the statistics of the interbank interest rate in the first working week of 1402 were published by the Central Bank. Accordingly, the upward trend of the interbank interest rate will continue only after a week of rest.
At the same time, it seems that the dollar price of 28,500 tomans will again threaten currency exchange industries. These two variables caused today’s market to follow a fluctuating trend. Although in the end he followed a green path. But will this trend continue?
Stock forecast
Hossein Meridsadat, a capital market expert, told Tejarat News: “The current conditions of the capital market are balanced in terms of the value of transactions, liquidity circulation and the manner of transactions.”
He stated: “Tehran Stock Exchange has gone through a disastrous situation in the last two years and has lagged far behind parallel markets, and we hope that the stock market will experience better conditions this year.”
This capital market expert said in forecasting the transactions: “According to the current conditions of the stock market, it is expected that it will experience good conditions until the end of May.” We also expect that the index will cross two million and 100 thousand units this week.”
He explained: “It is true that the stock market has good conditions, but systematic risks can have a negative impact on the capital market. “The shareholders experienced several advantages and systematic risks such as taxes and the decisions of the Competition Council in the last year by the shareholders and they expect better conditions this year.”
Money circulation in industries
Meridsadat continued: “Liquidity is constantly circulating in industries and groups, and shareholders also trade intelligently and rationally.” According to this capital market expert, if no risk is imposed on the stock market, we will witness the spring of the stock market and compensate the losses of the shareholders.
Referring to the growth of the total and equal weight index, Meridsadat said: “The total index and the equal weight index are not considered as a logical basis for the profit or loss of the shareholders because these two indices are manipulated and indexed.”
Finally, he said: “The total and equal weight index along with industries and individual shares of the market will have an upward trend until the assembly season.”
According to the state of the capital market, it seems that the shareholders this year are faced with reducing losses and making profits.
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