Prediction of tomorrow’s stock market is not the government’s priority! – Tejarat News
According to Tejarat News, the return of the stock market was negative in the last week and this negativity of the market has spread to this week as well. On the first working day of the week after the holiday, we saw a drop of more than 11,000 points in the total index. Today, Sunday, the total index reached the level of 1,377,000 units with a drop of 0.8%, and the weighted index also moved in line with the total index and reached the range of 401,000 units.
The Tehran Stock Exchange entered a new phase during the past week and today, which can be referred to as the period of recording the weakest records of the year. The total index is at its lowest level since the beginning of 1401. Experts also believe that the current trend of the stock market will continue due to the risks surrounding the market.
Tomorrow’s stock market forecast
Hossein Meridsadat, a capital market expert, said in a conversation with Tejarat News: “The stock market was negative today, and the reason for that was the increase in interbank interest rates, lack of liquidity in the market, and negative news of the JCPOA. The withdrawal of liquidity from the capital market has intensified, and in a way, all the factors indicate that the stock market is not the government’s priority.
This capital market expert continued: The value of stock market transactions is low and we had liquidity outflow from fixed income funds and market industries today. The withdrawal of money from the market has gained more weight and this will worsen the market situation in the long run.
He said: Next week, the credit settlement of brokerages will end, and we hope that the total and equal weight index will not lose its bottom during this period.
Meridsadat pointed to the coming holiday of the capital market and said: There are cowardly money in the stock market, and when the market goes ahead of the expansion, these money are liquidated. In a way, there is an outflow of liquidity from the capital market.