Market performance in the first week of September 1401/ Dollar growth and coin and stock market decline
According to Tejarat News, Market performance in the first week of September 1401shows that one market experienced growth and three markets also experienced decline.
A look at the efficiency of the markets
Dollar price
Dollar price In the first week of September, it grew by 1.43%. This market also grew by 0.31% last week.
National ExchangeOn Thursday, September 10, he announced the selling rate of the dollar at 28,542 tomans. This is despite the fact that on Thursday, September 3, the exchange board showed the figure of 28 thousand 140 tomans.
Dollar price fluctuations
In the open market, the dollar fluctuated mostly in the channel of 29 thousand tomans. Of course, the American currency in the market experienced downward and upward fluctuations in the 29 and 30 thousand tomans channels under the influence of the news of the Vienna talks and the actions of the market maker. The unrest in Iraq also caused the dollar price to rise in Sulaymaniyah market, which at one point sent a bullish signal to the Iranian market. In the meantime, some traders believed that the market maker is trying to control the currency market by taking measures to profit from the fluctuations.
The dollar ended the week down. In some Telegram channels, the price floor and ceiling of the American currency reached 29,760 and 29,850 tomans.
The dollar in the national exchange also fluctuated this week. It seems that the government is trying to bring the rates closer to the informal market.
gold price
But the yield of the gold market in the first week of September 1401 was associated with a 1.23% drop. Gold experienced a 0.05 percent drop last week.
gold price On Thursday, according to ATehran Gold and Jewelry Associationreached one million 263 thousand 210 tomans. This is despite the fact that each gram of gold was traded for 1 million 278 thousand 908 tomans on the third day of Shahrivar.
Prices for coins
But buyers of the coin market lost again this week. This market had a 1.81 drop in the first week of September 1401. This figure is the highest negative return among financial markets. Meanwhile, the coin market ended last week with 1.40% growth and had the highest positive return. In this way, traders had experienced price growth after several weeks of zero or negative returns.
Prices for coins The new plan was announced on Thursday, September 10, 13,600,000 Tomans and on September 3, 13,850,000 Tomans.
Based on data from various sources, the market Gold and coins In this week, they experienced a lot of fluctuations. On the website of the union and Gold, coin and currency information network The price of Imami coin fluctuated within 13 million tomans. In some hours of the weekdays, its price entered the channel of 14 million tomans, but it reversed. Bahar Azadi coin was in circulation between 12 and 13 million Tomans during the week.
Gold and coins had an increasing trend in the middle of the week, but they lost part of their price increase in the middle of the day. It is as if after reaching a certain price limit, the traders would enter the precautionary phase and as a result the rates would decrease to some extent.
This figure was about 1 million 270 thousand tomans for gold and 13 million 750 to 800 thousand tomans for Imami coins.
Gold and coins finished the week down. Price oz It also went through a volatile week and now it has an upward trend in the $1,700 channel.
Exchange
But in another way Market efficiency in the first week of September 1401Overall Index Exchange Like last week, it dropped. The total capital market index ended Wednesday, September 9, at the level of 1,439,396 units.
This is despite the fact that the total index of the stock market reached 1 million 442 thousand 372 units on the last working day of last week, Wednesday, September 2. These figures mean a 0.21% drop in the total index. Last week, the capital market was accompanied by 0.62% of the total index, which was the highest negative return among the financial markets.
Iman Raisi, capital market expert, in Weekly forecast of the stock market He said: Saturday stock market transactions will be the same as today and will not change much.
He continued: It has been about two weeks since the total index was negative and compared to the balanced index, it was in a better position. The better condition of the equal weight index shows that investors have been more interested in small, medium and small industries.
Effective signals on market performance
According to Tejarat News, in the recent period financial markets including Dollars, gold and coinsUnder the influence Vienna talks and political news were located
In these days, there are also signals from Nuclear negotiations Sent to markets. Last night, Iran presented its response to America’s proposals. Iran’s answer is not very pleasing to the taste of the American side.
According to the Young Journalists Club, an American official claimed that Iran’s response to Washington’s proposal was not constructive.
An official of the US State Department confirmed receiving Iran’s response to the JCPOA negotiations through the European side and said: We have received Tehran’s response to our proposal from the European sides. We are studying it and will communicate our response to the other side through the European side. But Iran’s response is not constructive.
Also, the former assistant of Robert Mali and a reporter who is closely following the JCPOA negotiations in Vienna both expressed dissatisfaction with Iran’s answers in separate tweets.
Ali Vaez, the former assistant of Robert Mali wrote in his tweet that with Iran’s response, the country’s oil export opportunity to Europe was lost in the winter.
The tweet of Stephanie Lichtenstein, a reporter who is closely following the JCPOA negotiations in Vienna, shows that in addition to Americans, European diplomats also expressed dissatisfaction with Iran’s answers.
At the same time, in its latest news about the JCPOA, the Edemad Online channel claimed that Iran is ready to hold a ministerial meeting based on what it heard.
The letter of 50 American legislators to Biden about the JCPOA
According to Fars, 50 American legislators have expressed their concern by writing a letter to “Joe Biden”, the President of the United States, about a possible agreement with Iran regarding the lifting of sanctions.
In this letter, 34 representatives of the Democratic Party and 16 representatives of the Republican Party have asked Joe Biden to provide the full text of any proposed proposal for the return of the United States to the nuclear agreement.
Political news especially about JCPOA negotiationsOn Efficiency of markets Affect.
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