Market performance in the third week of August 1401/ Which market had the most positive performance?

According to Tejarat News, Market performance in the third week of August, shows that two markets experienced growth and one of them experienced decline. The efficiency of a market was also zero.

Dollar price

Dollar price In the second week of August, it grew by 0.38%. This market had grown by 0.44% the week before.

National ExchangeOn Thursday, August 20, he announced the sale rate of the dollar at 2,8024 tomans. This is despite the fact that on Thursday, August 13, the exchange board showed the figure of 27,919 Tomans.

Dollar price fluctuations

Dollar in the free market last week, according to some Telegram channels, had a fluctuating trend and went back and forth to the channel of 30 thousand tomans.

On Tuesday last week, the dollar was bullish as optimism about the nuclear talks eased. In such a way that the channels recorded the currency price around 31,820 to 31,860 Tomans. Of course, some sources also believe that Telegram channels announce prices higher than the real figure. In the following, however; Tomorrow’s illegal transactions started to decrease.

The dollar price continued to fall on Wednesday. In such a way that it reached about 31 thousand dollars and entered the channel of 30 thousand tomans. Some transactions were carried out at the rate of 30,990 Tomans. But in the future, the exchange rate started to increase again and reached the range of 31140 to 31180 tomans. Later on, there were fluctuations in the illegal market of tomorrow’s dollar and it decreased to some extent. These conditions continued on Thursday and the last spot rate of the dollar reached around 30,900. After that, however, illegal tomorrow transactions increased somewhat.

gold price

But the yield of the gold market in the week ending on August 22, 1401, was associated with a 0.39% drop. Gold experienced a 0.12% drop the week before.

gold price On Thursday, according to ATehran Gold and Jewelry Associationreached one million 360 thousand 860 tomans. This is despite the fact that each gram of gold was traded for 1 million 366 thousand 169 Tomans on August 13.

Prices for coins

The buyers of the coin market last week neither made a profit nor a loss and the efficiency of this market was zero.

Prices for coins The new plan was announced on Thursday, August 20, like the previous Thursday, 14,800,000 Tomans.

Of course, based on the data of some other sources, the market Gold and coins They also experienced fluctuations in the last week. During the week, the Tehran Jewelry Association announced the price of the Emami coin at 14,800,000 Tomans and the price of the Bahar Azadi coin at 14,100,000 Tomans. But in other sources, fluctuations in the price of coins were seen. so that according to the report Gold, coin and currency information network During the week, the coin of the new design temporarily reached the channel of 15 million tomans, but it mostly fluctuated in the range of 14,700,000 to 14,900,000 tomans.

The price of the old design coin also fluctuated in the range of 14 million 50 to 14 million 200 thousand tomans, and on the last working day of the week, it entered the channel of 13 million tomans. Imami coin ended the week with an increase and Bahar Azadi with a decrease.

Price oz Also, in total, it passed an upward week and the increase also ended. It seems that the gold market has reacted positively to the announcement of the US inflation rate.

Exchange

But on the other hand Market performance in the third week of AugustOverall Index Exchange Unlike the previous weeks, it grew. The capital market ended last week at the level of 1 million 448 thousand 464 units.

This is despite the fact that the total index of the stock market reached 1,437,360 units on the last working day of the previous week, Wednesday, August 12. These figures mean a growth of 0.77 percent of the total index, which is the highest yield among financial markets. While the stock market had the highest negative return among the financial markets in the past weeks. The capital market was accompanied by a 0.44% drop in the total index last week.

Sara Fallah, capital market expert, at Weekly stock forecast He said: Stock market activists started the second half of August with hope. On Saturday, the capital market was green due to the positive news of JCPOA. After the failure to reach an agreement and the continuation of negotiations and the return of clouds of uncertainty over the country’s economy on Monday, the market was able to resist well.

He added: The news of the negotiations will be the most important and effective factor in the next (current) week. Even the dollar retreated in Tehran’s informal currency market in Sabzeh Maidan and Afshar Passage and reached 30 thousand tomans. This also shows the optimism of the agreement among the traders. If the agreement is made, the capital market, which is clearly lagging behind other markets and is at appreciable prices, will grow well. We expect that smart money will flow to the stock market after reaching an agreement.

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 the dollar market.

A member of the country’s negotiating team believes that Iran has made great progress in all areas in this round of negotiations.

Mohammad Marandi, adviser of the nuclear negotiating team, to Young Journalist Club He said: The text that is now in the capitals and is being studied has many differences from the past. In this round, Iran was able to get many concessions both in the Vienna negotiations at the end of last year and in the period after that.

He added: Iran was able to make significant progress in all areas, which will be announced in due course.

On the other hand, according to an American official, the changes that were made to the text proposed by Josep Borrell during the four days of negotiations were partial and the US has not yet given an official response to this text and is currently reviewing it, but it is likely to accept it as the final text. .

According to this American official, Iran has given up its previous demand to remove the IRGC from the list of the so-called terrorist groups of the US State Department, but now it wants to close the case of the dispute with the Agency regarding safeguard obligations (Etimad).

Holding meetings at the undergraduate level

In the meantime, Nornews He wrote: Immediately after the return of the Iranian delegation from Vienna, the process of examining the ideas proposed by the European Union coordinator at the expert level began and continues.

According to the received reports, no high-level meeting has yet been held to review the ideas of the European Union coordinator in Tehran, and according to the usual procedure, after the completion of the expert review process, the preliminary results will be presented to the relevant decision-making levels for the final summary.

What do dollar traders say?

Meanwhile, on Wednesday night, the price of the dollar increased in Tehran and neighboring markets. Referring to the fate of the dollar in the Doha negotiations, some traders believe that at that time the American banknote flew again in Tehran after emergency landing.

This group of foreign exchange players, considering the history of the behavior of the dollar rate in the Doha negotiations, have set their sights on buying dollars.

However, there seems to be a ring of caution among some dollar traders. According to this group of traders, it is still risky to be in a buying position in the uncertain conditions of the JCPOA. In the current situation, they are looking for definitive news about the results of the JCPOA and prefer to watch the currency market (Ekstodahnews).

What do gold traders say?

Ekhtaz News wrote: Some market participants believe that with the loss of the critical range of 14,800,000 Tomans, the trading power will decrease further, and there is a possibility of a drop of up to 14,500,000 Tomans.

However, on Wednesday night in the market behind the line, the coin was able to trade above the line of 14,700,000 tomans, which slightly reduced the downward expectations. On the other hand, some traders said that if the dollar rate increases, the power of traders will increase.

Some coin traders pointed to the 12% bubble in the coin price and said that the market is in an unstable condition and buying coins is still risky.

Political signals and macroeconomic indicators in the domestic and international dimension on the price Dollars, gold and coins are effective

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