Oscillators in Paradise / The improvement of the stock market depends on the JCPOA
According to Tejarat News, the stock market finished the first week of September in a situation that stock market situation It is not good and many shareholders complain about these conditions.
The total index of the Tehran Stock Exchange ended the week with a drop of about 0.1% today, Wednesday, September 9, 1401. The general index, which was accompanied by a relatively promising jump at the beginning of the week, now ended its work in the range of 1.439 thousand units. But the equal weight index entered the range of 411 thousand units with a relatively good growth of 1,120 units.
The improvement of the stock market depends on the JCPOA
The recurring words of capital market experts these days is that the stock market is in disarray due to the intensification of uncertainties in the JCPOA. The market has entered the stagnation phase in a boring way. Fluctuations in the dollar rate have made the stock market wait for the currency market to adapt to the new prices. The unpredictability of the foreign exchange market’s effectiveness pattern due to the government’s approach to the JCPOA has caused the stock market to face serious uncertainties.
A paradise made for swingers
Experts believe that the stock market situation will not improve significantly until the government fails to clarify the obligations of the JCPOA. Of course, few market participants are extremely happy these days and welcome any escalation of uncertainties. According to this group, who are known as oscillators, the continuation of the opaque atmosphere around the negotiations is to their advantage.
The reason for this is the occurrence of emotional behavior by people who are ignorant of the capital market. According to Beheshti experts, the paradise created for swingers in Tehran stock market these days is the result of wrong foreign policy by the government. In fact, by eroding the JCPOA negotiations, the 13th government has made the situation of the Tehran Stock Exchange more opaque.
Such a situation, as the saying goes, is in favor of those who have learned to fish in muddy water well. A point that the members of the 13th cabinet seem to be indifferent to, and contrary to the government’s promises, stock market situation It is not of much importance to the authorities.