Red end for today’s stock market / 800 billion billion drop in stock value in 2 months

According to Tejarat News, the total stock index fell more than 12,000 units today and was in the channel of 1,291,000 units. Experts attribute the decline to the lack of practical support from officials for the stock market.

Today’s total and equities index fell 1.06 percent and 1 percent, respectively. The value of stock market transactions was only about 2900 billion tomans. Steel, Famli, Shasta and Shepna had the most negative impact on the overall index.

In the shallow market these days, however, underwriting and initial public offerings continue. Today, the underwriting of the campus insurance was done while the value of the last initial offer (Soghdir) has decreased significantly.

The automobile, the financial and chemical markets were the top industrial groups today. The highest value of transactions was recorded for goods, Kamand and Kian, as well as the highest volume of transactions for Khasapa, Khodro and Khapars.

The total OTC index in the market today with a decrease of 137 units is in the channel of 18 thousand and 449 units. The symbols of Zagros and Aria had the most negative effect and Shagoya had the most positive effect on the total OTC index.

“The capital market has lost its trust and money has left the market,” said Borzoo Haghshenas, a stock market expert on the market situation. Wrong actions fuel these conditions. 800 thousand billion tomans have been reduced from the market value in the last two months. This is a managerial scandal.

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