Return on financial markets in May 1401 / Which market had the highest growth?
The second month of the year ended with all financial markets growing, according to TradeNews. Market Returns in May 1401 How was it?
The price of the dollar
The price of the dollar National exchange grew 1.40% in April. This is the lowest return among the markets.
National Exchange, On April 20, last year, announced the selling rate of the dollar at 25,279 Tomans. Meanwhile, the national exchange rate was recorded at 25,633 Tomans on 31 May.
gold price
Elsewhere in April 1401, gold prices rose 6.67 percent last month.
gold price On the last day of Farvardin 1401, it was one million 304 thousand 71 tomans. While the market reached the price of one million 391 thousand 101 tomans on 31 May.
Prices for coins
Coin market buyers also made a profit last month. The growth of the new design coin price was 10.52%. This is the highest return among the markets.
Prices for coins On the last day of April, it was 13 million and 120 thousand Tomans and on the last day of May, it reached 14 million and 500 thousand Tomans.
The price of gold and coins also fluctuated a lot in the second month of the year. Both moved in different channels during May.
World gold prices also fluctuated last month, falling 5.52.
Exchange
In another aspect of Market Returns in April 1401,Overall Index Exchange Also grew last month. The stock exchange ended April 1401 at the level of 1,512,219 units.
Meanwhile, the total index of the stock exchange on the last day of May was 1,579,697 units. These figures mean a 4.46% increase in the overall index.
Signals affecting market performance
According to Tejarat News, financial markets have been affected recently Vienna talksDollar price fluctuations and increasing subsidies and liquidity.
Nuclear talks stalled in the last month of last year. Both sides emphasize that a large part of the agreement has been reached, but a few basic and important issues remain. Although moves were made to revive Borjam during May and political officials traveled to Tehran, talks are still stalled.
Since mid-May, the process of eliminating the preferred currency in some areas and increasing the amount of subsidies to 300 and 400 thousand tomans has also affected the returns of the markets.
The stock market, however, has been in good shape since the beginning of 1401, and capital market experts believe that if the government does not issue overnight directives, it can have a good trend. The total index, in the middle of the last week of May, temporarily and after two years, entered the channel of 1.6 million units.
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