bourseEconomical

Saturday Stock Exchange Forecast / Which Stock Exchange Group is Ready to Grow?


According to Tejarat News, the stock market went through a balanced trend today. At the end of trading on Wednesday, the index grew by more than eight thousand units and finally reached the range of one million and 454 thousand units.

This week, the Ministry of Silence issued a circular entitled Export Duties on Mineral Products. Some experts say this is the reason for the redness of the market.

On the other hand, some experts believe that the market was looking for an excuse to reform, and this directive was able to help the stock market fall.

Why was the stock market negative?

“The stock market is experiencing a balanced trend on Saturday,” Payam Elias Kurdi, a capital market expert, told Tejarat News. From the beginning of 1401, the stock market experienced a sharp increase. Only some market stocks improved, which was not significant given the value of market transactions. With the end of trading on Monday and the beginning of Tuesday, the overall stock index was negative.

The capital market expert continues: The stock market was looking for an excuse to reform a little. Export duties caused the market to become negative.

Referring to the tax on exports, Eliaskordi says: “Export duties are fifty and fifty.” That is, it can have a positive effect on some companies and a negative effect on others. Of course, some companies may give up exporting and prefer to invest domestically.

He emphasizes: the market did not pay much attention to the agriculture and related services group and the company will probably benefit from the elimination of 4200 currency and good things will happen to them.

Leave a Reply

Back to top button