Market performance in the first week of Azar 1401 – Tejaratnews

According to Tejarat News efficiency Markets were positive in all markets in the last 7 days. The highest yield was assigned to the coin market and the lowest yield was related to the stock market.

Last week, respectively, the coin, gold and dollar markets had the highest returns. But the total index Tehran Stock Exchange This week did not go well and reached a level of 1 million 417 thousand units with only 0.5% growth.

A look at the efficiency of the markets

Dollar price

Dollar price In this week, it has grown by 79.2% compared to the previous week. This is despite the fact that in the previous 2 weeks, the yield of this market has grown by 0.01%. The price of the dollar increased by 980 tomans in open market transactions in one week.

On Thursday, December 10, the National Exchange announced the price of the dollar at 33,466 Tomans, while on Thursday, December 3, the exchange board showed the price of 31,155 thousand Tomans.

Analysts of financial markets this volatility Dollar price They consider it insignificant and believe that this American banknote is far from its intrinsic value and the inflation rate in the country.

But currency traders also said about the decrease in the volume of transactions in the past day Dollar price They predicted an increase in the next week due to the beginning of December.

Fluctuation of thousand tomans in dollar price

This week Dollar price It was going on in a stable trend with currency exchange and market-making measures, but the price of coins and gold became expensive, and the coin bubble was accompanied by a significant increase.

Some financial market experts believe that this increase in the coin bubble alarm increase Dollar price in the future and it seems that this analysis is increasing according to the trend Dollar price And the entry of this American bill into the higher channels has credibility despite the market maker’s efforts.

The dollar continues to go up slowly and steadily.

gold price

efficiency Market gold Also, last week, with a price increase of 74 thousand 300 tomans, it had a yield of 94.4%.

Price gold According to the latest report of the Tehran Jewelry Association, it reached one million and 577 thousand tomans on December 10, 1401. This is despite the fact that each gram of gold was traded for one million and 503 thousand tomans on December 3, 1401.

Prices for coins

This week’s coin market, like the last week of November, had the highest yield. The efficiency of this market was 74.5% from 3rd to 10th of December and the price increased by 942 thousand tomans.

The Imami coin was traded at the price of 16,400,000 Tomans on December 3, 1401, and on December 10, 1401, this coin reached the price of 17,342,000 Tomans.

Financial market analysts believe that with the central bank’s currency strictures and the cautious dollar market, the balance Prices for coins Messed up and it is the increase in demand that causes the jump The price of gold and coins has been

central bank In the past weeks, he offered various packages to control the price of the dollar. One of these measures was the pre-sale of coins, which, in addition to not being popular with the people, seems to have a negative effect on the market and went against the expectations of the country’s monetary institution. The price of gold and coins also increased

Exchange

Investigating last week’s capital market transactions indicates efficiency The shares of many companies have been negative, so this report examines the shares that have had the most price reductions in the last week.

Overall Index Tehran Stock Exchange This week did not go well and reached a level of 1 million 417 thousand units with only 0.5% growth.

The equal weight index was in a good condition as in previous weeks and was able to stand at 413 thousand units with an increase of 1.4 percent. The over-the-counter market had a performance similar to the stock market, and its index ended its work with half a percent growth at the level of 18,691 units.

The table below shows the symbols that had the lowest returns in the last week of the market.

As it is clear in the table, Azar had the worst performance in the Tehran Stock Exchange last week with a 16% decrease in its price.

The share of Ghashazar also decreased by 13% this week and reached its support. It should be seen whether this level of support can prevent further reduction in the price of this share or not.

How is the general market situation?

Some experts and capital market activists believe that the growth that the total index has experienced in recent days does not originate from the real growth of industries and the macro economy of the country.

However, some others believe that any type of market growth can benefit shareholders and there is no difference between growth caused by manipulation or natural growth following economic prosperity.

But economists have always emphasized that for the continuous growth of the market, the general state of the economy must also be favorable. Otherwise, the stock market index may sometimes have unprincipled Sharpie growth.

But in most cases, it suffers negative and harmful fluctuations, which causes heavy losses for the shareholders. Most analysts believe that these conditions will only benefit speculators who are known as swingers in the stock market.

To read more news and analysis, refer to the gold and currency page of Tejaratnews.