Performance of the markets in the fourth week of August 1401/ slight growth of 2 markets and a drop in gold and coins
According to Tejarat News, Market performance in the fourth week of Augustshows that two markets experienced a slight growth and two experienced a significant decline.
Dollar price
Dollar price In the fourth week of August, it grew by 0.10%. This market also grew by 0.38% last week.
National ExchangeOn Thursday, August 27, he announced the selling price of the dollar at 28 thousand 53 tomans. This is despite the fact that on Thursday, August 20, the exchange board showed the figure of 28 thousand 24 Tomans.
Dollar price fluctuations
According to reports of some Telegram channels, the dollar in the open market fluctuated between 29,000 and 30,000 tomans. While this currency approached the channel of 31 thousand tomans, but could not reach it. The same fluctuations were seen to some extent in the illegal trading of tomorrow.
The developments related to the Vienna negotiations marked the fluctuations of this market. At noon yesterday, traders on Ferdowsi Street were announcing the selling price of dollars between 29,500 and 29,700 tomans. The floor and ceiling of the dollar in Telegram channels were also recorded at 29,800 to 29,950 tomans.
gold price
But the yield of the gold market in the week ending on August 28, 1401, was associated with a 5.97% drop. Gold experienced a 0.39% drop last week.
gold price On Thursday, according to ATehran Gold and Jewelry Associationreached one million 279 thousand 601 tomans. This is despite the fact that each gram of gold was traded at 1,360,860 tomans on August 20.
Prices for coins
Coin market buyers also lost last week. This market was associated with a 7.77 drop in the fourth week of August. This figure is the highest negative return among financial markets. Meanwhile, according to the announcement of the union, the yield of the coin was zero in the last few weeks.
Prices for coins The new plan was announced on Thursday, August 20, 14,800,000 tomans and on August 27, 13,659,000 tomans.
Based on data from various sources, the market Gold and coins In the past week, they experienced a lot of fluctuations. On the website of the union and Gold, coin and currency information network Rates in this market moved up and down the channel, but gold, Imami coin and Bahar Azadi coin ended the week in the lower channel in both sources; which consisted of 1 million 200 thousand tomans, 13 million tomans and 12 million tomans, respectively.
Price oz It also had a volatile week and is now bearish.
Exchange
But in another way Market performance in the fourth week of AugustOverall Index Exchange Like last week, it grew. The total capital market index ended Wednesday, August 26, at the level of 1,451,404 units.
This is despite the fact that the total index of the stock market reached 1 million 448 thousand 464 units on the last working day of last week, Wednesday August 19. These figures mean a 0.20% growth of the total index, which is the highest yield among financial markets. Last week, the capital market was accompanied by a growth of 0.77% of the total index.
Sara Fallah, capital market expert, at Weekly forecast of the stock market He said: August started with an index of 1474 thousand units and ended with an index of 1451 thousand units. In fact, there was no noticeable change in the total index. But this week, according to what we predicted last week, the market revolved around the news of negotiations.
He added: “At the beginning of the week, we saw buying excitement and optimism in the stock market.” But the negativity of the following days destroyed this optimism and left the market behind for almost a week. But the important thing in these market days is the difference between the gender of the buyer and the seller in the market. The person who buys enters the market with little capital and cautiously, but the sellers have the upper hand and sell more strongly.
Effective signals on market performance
According to Tejarat News, in the recent period financial markets including Dollars, gold and coinsUnder the influence Vienna talks and political news were located
In these days, there are also signals from Nuclear negotiations Sent to the dollar market.
After several years of negotiations, the Vienna negotiations have reached a critical stage. Robert Maley, the US special representative, has promised to close the Iranian safeguards case in the upcoming meeting of the Council of Governors; Provided that the agency announces the end of its disputes with Tehran in a report.
However, European officials have indicated since Iran’s response on Monday night that Iran’s position is likely to be a compromise idea, however, they maintain that it is up to Tehran to resolve the matter.
A senior European official indicated on Wednesday that Tehran and Washington want to be sure about the content of the draft. Two Western officials indicated that they do not foresee any agreement imminent, although it remains a possibility in the coming days (EcoIran).
Apparently, the main remaining dispute is the issue of the guarantees that Iran wants from the United States for the revival of the JCPOA. This issue has created doubts in the quick conclusion of the negotiations.
Forecasting financial markets
In the meantime, the financial markets experienced a price drop in the past days. In a conversation with TejaratNews, financial market expert Barzo Haqshanas said: The government was able to control the price of the dollar to some extent and reduce it by nearly 10% by publishing the positive news of the JCPOA.
He added: The continuation of this price drop still depends on the JCPOA news and analysts cannot make accurate predictions.
Ali Sadeghin, an expert on financial markets, also announced in a conversation with Tejarat News: In the coming week, it is likely that reliable news about the results of the Vienna negotiations will be published.
He explained: In the domestic market, everything depends on the dollar price. As a result, it seems that in the next week when we enter Shahrivar, the Imami coin will fluctuate between 13 million and 800 thousand tomans to 14 million and 800 thousand tomans.
Political signals and macroeconomic indicators in the domestic and international dimension on the price Dollars, gold and coins are effective
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