Markets return in the third week of April / dollar decline, gold growth and stock market
According to Tejarat News, three financial markets were growing last week and one of them fell. What was the return of the markets in the third week of April, separately?
The price of the dollar
The price of the dollar It fell 0.13 percent this week. The National Exchange announced on Thursday, April 3, that the selling rate of the dollar was 25,313 tomans.
This is while this figure was recorded yesterday, April 6, 25 thousand and 279 Tomans.
The price of the dollar in the open market, however, had a different trend. In the third week of April, the American exchange rate entered the channel of 27 thousand tomans and climbed to 27 thousand and 780 tomans. Experts attribute the rise in the price of the dollar in the open market to the prolongation of the suspension of the Vienna talks and the contradictory news in this regard.
gold price
But the gold market yield in the third week of April 1401 was accompanied by a growth of 2.59%.
gold price On the last working day of last week, Thursday, April 4, 1,255,800 Tomans were announced. While the market reached the price of 1,288,373 tomans yesterday.
Price Ounces It fluctuated in the $ 1,900 channel last week. Thursday Price Yellow metal It was an increase and reached $ 1924.
Prices for coins
Buyers of the coin market also experienced price growth in the third week of April. During this period, the yield for the new design coin was 1.27%.
Prices for coins On the last working day of last week, 12 million and 640 thousand tomans were announced, but yesterday it reached 12 million and 800 thousand tomans.
Gold and coin prices both fluctuated this week due to foreign exchange market movements and ounce prices, and overall experienced an upward trend.
Exchange
In another aspect of market returns in the third week of April 1401, the total index Exchange grow up. The capital market ended last week at the level of 1,463,779 units.
Meanwhile, the total index of the stock exchange reached about 1,432,148 units on Wednesday, April 3rd. These figures mean a growth of 2.21 percent of the total index.
Payam Elias Kurdi, a capital market expert in stock market analysis in the second week of April 1401, told Tejaratnews: “From the first trading day of 1401, the market had good conditions.” The automotive group, especially the car symbols and Khasapa, were the market leaders. The value of trades also went well.
He added: “But next Saturday, the stock market will probably have a negative trend.” The market as a whole is not positive next week, and based on the trades until Monday, the market correction can be checked by the end of the month.
Different signals for markets
According to Tejarat News, in recent weeks, financial markets in Iran, under the influence of developments related to Vienna talks contract.
Doubts about the talks and the prolongation of the stalemate have increased the dollar. Of course, the news that the IRGC may be removed from the US sanctions list could change the course.
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