Market performance in the first week of February 1401 / Record negative performance in the dollar and stock markets
According to Tejarat News, the financial and capital markets increased last week under the influence of international news and the decisions of the European Parliament; This is despite the fact that during this week the price of dollars and coins fluctuated a lot in the open market and finally closed with an increasing trend on the last day of the week.
Dollar price
Dollar price In this week, it had a negative yield; The yield of this market last week was 47.3 percent.
On Thursday, January 29, the National Exchange announced the price of the dollar at 41,983 Tomans. This is despite the fact that the price of this American banknote was announced yesterday at the National Exchange at 41,800 Tomans and compared to last week, it had a negative return of 0.44%.
According to the announcement of the Central Bank, the price of the dollar has decreased by 183 tomans in the last week.
Process Dollar price In the first week of February, affected by international signals and domestic efforts, it went through a fluctuating trend.
This American banknote, which went through the first two days of this week with an increasing trend, was on a downward path on Monday, when the country’s monetary institution recognized the free market this time and the Central Bank’s hand was removed from the market maker’s sleeve.
Traders who passed Tuesday and Wednesday with optimism, once again increased on Thursday Dollar pricefaced with cautious market and inflationary expectations.
This week, the quota dollar limit was increased, the circle of international sanctions became tighter, and Iraq’s path to the entry of foreign currency into the country fell into the bumps of American security strictures; At the same time, the stock market index also fell.
Also, the free exchange market was recognized by the central bank and the central bank claimed to independently and directly manage the said market.
gold price
Gold had a return of 11.4% this week, the return of this market was the highest return this week.
Price gold On Thursday, 29 January 1401, it was two million and 33 thousand tomans. This is despite the fact that two million and 117 thousand Tomans were traded per gram of gold on 6th of Bahman 1401. In the first week of February, gold became more expensive by 83 thousand 500 tomans compared to the previous week.
On Thursday, February 6, each shekel of gold was placed in the new channel of 9 million tomans with an increase of 240 thousand tomans.
In the last three months, the price of a shekel of gold has increased by more than three million and 300 thousand tomans, and the price growth has been about 57%.
Each shekel of gold was traded at the price of 9 million and 174 tomans in the market; This is despite the fact that on November 7 of this year, that is, three months ago, this amount of gold was traded in the market at a price of five million and 873 thousand tomans.
Prices for coins
The yield of the coin market increased by 27.11 percent in the fourth week of January and was the highest yield in the financial markets. Meanwhile, this market had a yield of 0.55% in the first week of February.
Compared to the previous week, the coin became more expensive by 131 thousand tomans. Prices for coins Emami was traded at 23 million 649 thousand tomans on 29th of Bahman and on 6th of Bahman it was traded at the price of 23 million 780 thousand tomans.
The price of gold and coins After three consecutive days of decline, yesterday ended with an upward trend.
The price of gold and coins follows the price of the dollar and follows the increase and decrease of this American bill; Although the global price factor of gold is considered as the second most influential factor in determining the price in the yellow metal market, but according to analysts, it does not have much impact on the market these days.
Of course, according to the price trend of gold and coins, this market tends towards any market that goes up.
Exchange
In the first week of February, the stock market transactions ended while the shareholders were witnessing the unsettled capital market.
Based on this, the total index reached the level of one million and 611 thousand units this week with a drop of 4.6 percent.
The equal weight index also decreased by 2.95% in the red week of the stock market and stood at 512,491 units.
The highest weekly yield
Even though in the first week of Bahman, the shareholders saw a downward trend in the capital market, but still the symbols that are shown in the table performed well and left a very favorable return.
In the first week of February 1401, Desina achieved the best performance of the week with a growth of 31.48%. This company, which operates in the field of pharmaceutical materials and products, was able to realize a profit of 131 Tomans per share.
Volsanam and Folay were the winners of the first week of February with growth of 32.46 and 25.97% respectively.
Their technical support levels are 579 and 569 Tomans, respectively.
Lowest weekly return
A look at the following table indicates that Ghasshan disappointed its shareholders this week and recorded a price drop of 18.3%.
Also, the prices of Balber and Shesina shares decreased by 17.76 and 17.2% in the first week of February, respectively, and they are quickly moving towards their support of 5637 and 192 tomans.
Read more reports on the currency and gold news page.