Market returns in the third week of May / Coin had the most positive returns
According to Tejarat News, Market returns in the third week of MayShows that all four financial markets were growing.
The price of the dollar
The price of the dollar This week, it grew by 0.04%.
National Exchange, On Thursday, May 12, announced the selling rate of the dollar at 25,718 Tomans. This is while this figure was recorded on Thursday, May 6, 25,709 Tomans.
The dollar in the open market ended last week in the channel of 28,000 Tomans. But during the last week, first it entered the channel for 29 thousand Tomans and then 30 thousand Tomans.
gold price
The return of the gold market in the third week of May 1401 was accompanied by a growth of 7.18%.
gold price Yesterday, one million 398 thousand 950 Tomans was announced. While the market had reached the price of one million 305 thousand 225 Tomans on May 6th.
Prices for coins
Buyers of the coin market also experienced price growth in the third week of May. During this period, the yield for the new design coin was 12.12%. This was more positive returns among the markets.
Prices for coins The new plan was announced yesterday at 14 million and 800 thousand tomans, but last week it had reached 13 million and 200 thousand tomans.
The gold and coin market has been on an upward trend over the past week, despite price fluctuations at different times of the day.
Exchange
In another aspect of Market returns in the third week of MayOverall Index Exchange grow up. The capital market ended the last week at the level of 1,564,449 units.
Meanwhile, the total stock index in the last working day of last week, Monday, May 4, had reached about 1,529,709 units. These figures mean a 2.27% increase in the overall index.
Nima Naeinian, a capital market expert in the stock exchange’s weekly forecast, told Tejaratnews: “Currently, the behavior of shareholders in the capital market has changed and they are buying and selling stocks with more caution, in other words, the stock exchange is peeling and restoring trust.”
He stated that the volume of stock market liquidity has increased in the past year: this issue has led to continued inflation in the country and increased inflation expectations. On the other hand, many companies have shown in periodic reports that they have made good profits, which has increased the market demand for stocks. Due to the growth that has taken place in the stock market over the past few months, we have witnessed an increase in the inflow of liquidity, which has caused the capital market to gain some confidence.
Different signals for markets
According to Tejarat News, financial markets have been affected recently Vienna talks Were located.
Nuclear talks stalled in the last month of last year. Both sides emphasize that a large part of the agreement has been reached, but a few basic and important issues remain.
Last week, Enrique Mora, the EU’s deputy foreign policy chief and co-ordinator of the Vienna talks, traveled to the country to hold talks with Iranian officials. Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, also met with Iranian President Seyyed Ibrahim Ra’isi during his visit to Tehran. Experts say the outcome of these meetings affects the price of the dollar, followed by other financial markets.
Also on Wednesday, May 11, there was an increase in the price of the dollar, which may have been affected by the news of the IRGC artillery attack on Erbil, Iraq. On the other hand, experts consider the upward trend of inflation expectations, due to the increase in subsidies and the news of the high prices of basic goods, to be effective in this regard.
Last week, with a televised conversation between the president and the people, the cash subsidy increased to 300,000 and 400,000 tomans. Subsequently, the government increased the approved prices of four basic commodities, including chicken, eggs, oil and dairy products.
These cases are based on Market returns in the third week of May They were effective.
The latest news of market developments on the page Markets reportRead Business News.