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Market situation in the first week of February / stock market decline against gold and currency


According to Tejarat News, in the financial markets of the first week of February, the price of the dollar returned to an upward trend and the price of gold and coins rose. In contrast, the stock market continued to decline in recent weeks, approaching the border of 1.2 million units.

Markets in the past week

The price of the dollar

The price of the dollar It was 27,525 tomans in bank exchange offices, which reached 27,771 tomans at the end of the first week of February.

The price of gold and coins

gold price At the end of January 1400, it was about one million and 218 thousand tomans, which increased to one million and 232 thousand tomans at the end of the first week of February.

On the last trading day of December 1400 Prices for coins It was priced at about 12 million and 303 thousand tomans, which was reduced to 12 million and 286 thousand tomans at the end of the first week of February.

Exchange

Regarding other markets, the total stock index at the end of January 1400 was in the channel of one million and 279 thousand units. Based on data Stock Exchange and Securities Organization In the first week of February, it reached one million and 229 thousand tomans.

Stock market forecast until the end of the year

Maryam Mohebbi, a stock market expert, said: “The stock market situation is still confused and full of ambiguity.” We hear a lot of positive and negative news from the Barjam talks. The rules that are re-enacted on the stock market and companies and the mandatory rates that change the conditions of companies continue. All of this creates unstable economic conditions that put the stock market on an uncertain path.

He continued: “Sudden and unreasonable negative and positive trends show instability in the market, and as analysts say, market analysis is difficult. At present, the market is more affected by fundamental factors than technical ones. The outflow of real money and the reduction in trading volume are also not technical.

Mohebbi pointed out: “This week, we had a meeting with the parliament, which was expected to result in a positive market earlier in the week, but it did not happen.” Finally, on Wednesday, after the President’s speech, we saw the growth of the overall index.

It should be noted that some large and influential symbols such as Shasta are still closed and we expect more strange happenings. I do not expect a clear horizon in the stock market until the end of the year. Nothing special can be predicted in this market. I hope for a positive slope in the stock market, but this does not mean that the losses will be compensated. Confusion must be removed from the stock market immediately.

Read the latest news of different markets on the Trade News page.

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