Repeating repetitions in the stock market / hitting the market with wrong decisions – Tejaratnews
According to Tejarat News, in the last few months, the whole stock market index has experienced a bad situation, a market expert investigated the cause and solution of this issue.
Helen Esmet Panah, an expert of the capital market, said: these days, the continuation of the lack of enthusiasm and lack of vitality in the value of transactions and liquidity in the market is still stable. There is still no sign of improvement in the market.
He continued: Despite these conditions, no special effect of the rising conditions can be seen in the market as a whole. The excitement of the market is expanding day by day.
This capital market expert explained: From the point of view of technical analysts, the total index has lost its support. Due to the strong lack of confidence of shareholders, low transaction value, lack of liquidity, etc., the increase in demand in these support points is weak. The view of chartists is the continuation of the downward trend and the continuation of increasing selling pressure in the market.
Esmet Panah stated: Therefore, considering that the market platform for small industries and some selected stocks has been provided for some time with correct analysis, for fluctuation and daily trading, shareholders with the strategy of saving profit and the principle of their money, short-term entry and exit They prefer these symbols. Liquidity is more in small industries and some single shares in fast circulation. Because the movement of big industries requires big money, that’s why in the atmosphere of the stock market these days, fluctuations for real and even legal ones have become prominent.
Stock market news-oriented industries
He said: In the meantime, considering that these days most industries and symbols are news-oriented. Presentation of six-monthly reports of companies may be a positive stimulus for the market. Some single shares can also give the shareholder a percentage of profit by choosing the right points. But for the whole market, a balanced trend is predicted in the most optimistic way.
This capital market expert continued: Most analysts believe that the market will grow less than inflation. In the meantime, you can see positive fluctuations in the market. But until the main risks of the market are adjusted, these positive fluctuations cannot be considered as a market return.
The impact of the JCPOA and the dollar on the market
Esmet Panah stated: The atmosphere of agreements is currently dim. The free exchange rate also entered the channel of 30 thousand tomans. Due to the gap between Nima and Azad rates, the interbank interest rate also reached nearly 21%.
This capital market expert explained: Considering that there is no particular outlook for commodities to rise due to the possible increase in interest rates by the Federal Reserve. There is no liquidity in the market, the market’s attention to large and dollar-denominated industries is weak.
Hit the market with an initial offering and increase the swing range
He explained: The most important problem of the stock market is the loss of shareholders’ trust and capital. Wrong decisions in the direction of the market continue, decisions such as the supply of wrong initials and the increase of the range of fluctuations at the wrong time, etc. As a result, it is expected that the authorities will make basic decisions to reform the financial structure and expand the market, so that at least some confidence will return to the capital market. .
Referring to the market trend, Esmetpanah took the following: if the stock market trend continues in the same way and no fundamental and supportive decision is made. Considering the dull conditions in the country’s economy as a whole and considering that the price of most of the symbols has reached the range of 2018 before the growth of 2019, shareholders should still watch.
He emphasized: There is still ambiguity in the arrangement of the portfolio despite the uncertainty in the stock market, those who have liquidity in their hands are indecisive in investing.
This capital market expert finally said: In the fluctuating conditions of the stock market, many affected shareholders are leaving the market after reaching the break-even point.