Negative stock exchange budget bill / 6-month stock market outlook is not attractive

According to Tejarat News, experts believe that the concern of the stock exchange these days is the budget bill and the discussion of Borjam negotiations, none of which has a positive signal for the stock exchange.

There is still no positive signal of an agreement from the negotiation room and the price of the dollar in the open market has reached 30,000 tomans, but the stock market has not yet reacted and is still negative.

In the first two hours of trading today, the stock market, the total index and the homogeneous index fell more than one percent.

Family symbols, Fars, Foolad and Shasta had the most negative impact on the overall stock market index.

33 symbols in the stock market today are positive and 288 symbols are negative.

Rejected the stock market budget bill?

Hamidreza Farhadi, a stock market expert, told Tejarat News about the reason for the negative stock market today: “The 1401 budget bill and the negative signals of the negotiations are the reasons for the stock market fall, but I think the market will be more balanced in the next few days, but the market is still declining.”

Regarding the impact of the budget bill on the stock market, Farhadi said: “In the 1401 budget, the stock market is not paid much attention and the fuel rates of refineries and petrochemicals are no longer calculated with a discount.”

In the budget of 1400, the fuel rates of refineries and petrochemicals were calculated with a 70% discount, which increased the profits of listed companies and the growth of shares of these companies, but this discount is no longer calculated in 1401 and this can reduce the profits of listed companies.

Farhadi believes that the discussion of Borjam negotiations will not move forward and the stock market is not one of the priorities of the new government. Given the volume of money withdrawn from the market by real people, the outlook for 6 months to a year is not very attractive.

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