Negative Sundays of the stock market continue? / Tomorrow, the market hopes for cars and refineries

According to Tejarat News, the stock market continued its negative trend on the first trading day of the week. Experts hope for the second half of tomorrow’s market and believe that given the trend of trading in large groups, it is possible for the overall index to grow.

“Tomorrow, as usual on Sundays, the market is negative,” said Iman Raisi, a stock market expert. Due to the type of transactions of the refining group and the car, there is not much room for decline and such symbols do not sell in the queue much.

He continued: “I think the refining symbols of tomorrow can change from negative to positive and will be effective in positiveizing the overall index.” The index is likely to be positive at the end of tomorrow’s market. Of course, tomorrow’s market is full of supply and stress in terms of buying and selling, but the volume of transactions remains in the same range. It should be noted that the recession will be repeated until the volume of transactions grows.

Ali Assari, a stock market expert, also said: “Unfortunately, the index was not in a good condition today, and despite the forecasts, the car group was facing a lot of selling pressure.” Groups prone to growth today were sugar, transportation, and agriculture, which, despite being small or medium, were in high demand.

The expert said: “According to the routine that the general index had today, we will have a negative routine in the first half of tomorrow’s market.” From the second half of the market tomorrow, there is a possibility of a return to the market, but the requirement of this return is that large groups such as automobiles and refineries will make major changes in the market.

Read the latest stock market forecasts on the Forex Trading Forecast page.