Market performance in May 1402 / mass stop of capital markets in the second month of the year

According to Tejarat News, financial and capital market investors did not have good days in May. During the last month, the stock market underwent a deep correction, the growth of all types of coins stopped, and even Bahar Azadi coins and half coins changed channels. 18 carat gold also turned negative and the dollar managed to grow a little in the last day to record a very weak positive return at the end of this month.

Deep correction of the stock market

The stock market, which had passed the month of April with surprise, took a different path in May and underwent a deep correction. From the middle of May, the total stock index lost 12.5% ​​of its previous growth in just five days and reached the channel floor of 2.2 million units.

During the following days, the total index was slightly away from the correction, but it went through ups and downs until the end of May. At the end of this month, the total index of the stock market recorded a negative return of 0.9% and decreased from two million and 324 thousand units in the first trading hour of the month to the level of two million and 302 thousand units.

At the end of this month, the equal weight index left a positive return; Although the yield of 0.43% cannot be considered very promising. The equal weight index also lost a large part of its growth during the deep correction of the market and finally reached the level of 760 thousand and 754 units on the last day of April to 764 thousand units at the end of May.

The total OTC index was corrected in May, following the stock market; In this way, the total index of this market reached the level of 29 thousand and 207 units at the end of April to the level of 28 thousand and 900 units at the end of May and recorded a negative yield of 0.9 percent.

Dollar stop

The price of the dollar was accompanied by many ups and downs in May. This market was empty of traders due to the pressures of the central bank and the implementation of the integrated car sales plan.

The back and forth of the dollar in this month between the prices of 50 and 52 thousand tomans resulted in a positive return of 0.38% for this currency. In this way, while the dollar was closed at the price of 51,700 Tomans on the last day of April, it reached the price of 51,900 Tomans on the last day of May.

Oscillating movements in the gold and coin market

The gold and coin market passed the month of May with prosperity. In this month, the price of Bahar Azadi coin and half coin fell to the lower channel, and the price of Imami coin was the only one that had a positive return.

In this month, Imami coin reached the price of 31 million and 701 thousand tomans with a return of 0.36% from the price of 31 million and 586 thousand tomans. Imami coin owes its positive return to transactions and price increase in the last two days of the month. Because the yield of Imami coin was negative 3.8% only during the last week of May. However, the price growth during the 30th and 31st of May helped the Imami coin to end the second month of the year with a positive return.

Bahar Azadi coin fell to a lower channel from 28 million 483 thousand tomans in this month and ended the transactions in this month with a price of 27 million 897 thousand tomans. In this way, the yield of Bahar Azadi coin was negative 2.06% this month.

In May, Nimseke followed the path of Behar Azadi coin and changed the channel. With a negative yield of eight percent, the half coin reached 17.3 million tomans at the end of April from the price of 18.8 million tomans at the end of April.

The quarter of the coin ended the month of May with a negative yield of 2.3%, it moved away from the price of 11 million and 670 thousand tomans and stopped at the price of 11 million and 400 thousand tomans.

The gram coin reached the price of 6,900,000 tomans at the end of April to 6,800,000 tomans at the end of May and decreased by 1.45%.

In this month, the gold methgal reached the price of 11 million and 109 thousand tomans from the price of 11 million and 283 thousand tomans and recorded a negative yield of 0.94 percent.

Although the market trend was negative in May, all the markets started a new upward trend from the last day of this month. In this way, a new upward wave has been faced by the markets since the beginning of June. Will this trend continue until the end of the month?

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