Is the war between Russia and Ukraine raising the stock market?

According to Tejarat News, the total stock index with a growth of 0.43 units stood at the level of one million and 288 thousand units. In the current week, the total homogeneous index increased from 326 thousand and 299 units to 330 thousand and 310 units, and had a growth of 1.54 percent. Also, the total OTC index increased from 17,567 units with a growth of 0.4 percent to 17,589 units.

Increase in supply in the stock market

Fardin Aghabzargi, a capital market expert, told Tejarat News: “Due to the components of market impact, next week the index will be balanced and sometimes fluctuate like this week.”

“The Russia-Ukraine war could temporarily affect the exchange rate,” he explains. But it cannot shock the financial markets all at once.

“Vienna talks and the provisions of the BRICS are not transparent, every person or expert looks at this issue from his own point of view,” said the financial market expert, referring to the lack of transparency in the negotiations. But in general, considering the 15-year history of the country, one should not expect a sudden change in the stock market situation. Because these negotiations have not yet affected our economy.

The Russian-Ukrainian war led to rising oil and gas prices. Next week we will probably have a temporary price shock in the petrochemical group.

“The end of the year is near, we have more offers in the market next week, but the index remains balanced and slightly volatile,” he said.

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