New risk for the stock market / negative trend continues?

According to Tejaratnews, some experts believe that the 1401 budget is intended to increase interest rates, at least on bonds, if this happens, the second inflation will enter the financial markets and the risk of investors leaving the capital market will be higher than before. This is a new danger that will continue to threaten the stock market.

Mohammad Khabarizad, a stock market expert, said that the submission of the 1401 budget bill to the parliament shattered all market forecasts. I thought it would have a positive market this week, but budget items, especially energy, were a dangerous issue that made the market negative. Today, the negative atmosphere in the market has decreased, but there is still not much demand.

He continued: “The market is still suffering from a lack of money and this situation persists.” These events followed the decisions and operations carried out by the Ministry of Economy and the Exchange and OTC Organization together. The Ministry of Economy emptied almost all the funds in the area of ​​offering securities and forcing funds and financial institutions, including banks and insurance, to buy securities.

The stock market expert added that the increase in supply caused interest rates to rise as well. This led to a heavy outflow of money from fixed income funds. This prevents the funds that have always helped the market from playing their role. Currently, the problem of lack of demand is due to the fact that the legal entities (funds and insurance and banks) have completely collapsed.

The negative trend continues

Khabarizad stated: in the situation of lack of demand, the stock exchange and the over-the-counter market made initial public offerings, and the last case was Soghdir, which was really expensive and caused the market to be emptied of these small currencies.

“In general, the only hopeful thing is that industrial gas fuel prices are likely to change,” he said. The exchange rate of Nima dollar has increased by 200 tomans per day in the past few days. In the next week or two, Nima’s dollar gap will probably be much lower with the free dollar.

The stock market expert said: “We hope that a way will be found that part of the existing potential for buying will go to the stock market.” This trend will probably continue tomorrow, but we will not have anything special and the market will not change direction.

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