Saturday stock market forecast / What is the condition for market growth?
According to Tejarat News, the stock market was in the green today, August 12, like the previous two days. On the last trading day of the week, the total index grew by 7,338 units, equivalent to 0.5%, and stood at the level of 1,437,000 units.
On the other hand, the equal weight index also grew in line with the total index and reached the range of 384 thousand 55 units with an increase of more than three thousand units.
On the other hand, the total value of stock exchange transactions experienced a growth of 100 billion tomans compared to the previous day and reached two thousand billion tomans. However, these levels of transaction value still cannot be encouraging for marketers.
On the other hand, real people continue to withdraw their liquidity from the stock market, and today we witnessed the withdrawal of more than 88 billion tomans of real money from the glass hall.
Saturday stock market forecast
Today, the conditions of the capital market were promising compared to other days, but we cannot expect a unified return of the total index. Experts and analysts believe that the stock market is still on the downward spiral and if liquidity enters the capital market, the situation will worsen.
On the other hand, most of the stocks in the market are valuable. Despite this, Bahman Fallah, a capital market expert, told Tejarat News that shares are valuable, but the stock market is not.
This lack of value also indicates lack of trust. Currently, we have to wait for an increase in confidence and liquidity in the stock market. If the volume of liquidity increases, the value of the transactions will also increase and eventually confidence will return to some extent in the stock market.
The return of confidence and liquidity can change the trend of the stock market at once and make it bullish. Of course, in that case, the improvement of the capital market has its own conditions. The first issue is the non-interference of officials and the reduction of systematic risks in the capital market.
Read the latest capital market news on Tejarat News Stock Exchange page.