Should shareholders be cautious / is stock market growth continuing?

According to Tejarat News, the stock market has witnessed a sharp decline in the past week. The overall index fell 5.6 percent from the beginning of the week to Tuesday, approaching the 1.1 million channel. But then, on the last trading day of the week, with a growth of 21,000 units, it partially offset its decline and ended its work with a drop of 4%.

Yesterday, Ali Sadeghin, a stock market expert, said: “Today’s market was influenced by the words of the president.” Many events will continue to affect the stock market, and we can not consider the market situation today stable.

He continued: “In the past few days, fear in the stock market had given way to anger and hatred, and we witnessed a massive outflow of money.” Real per capita purchases showed alarming numbers, and the volume of retail transactions is still low.

Sadeghin stated: The stock market situation has no logical connection with the autumn and 9-month reports of companies. Most importantly, the exchange has not yet reached a conclusion on the nuclear deal. Therefore, the direction of the dollar in the decision to arrange the portfolio and manage the shareholders’ capital remains unclear.

“Some market risks, such as feed and fuel rates, were covered by setting a ceiling,” he said. The stock market still hopes for support, money injections and the return of shareholders to the stock market.

He pointed out: “As long as the per capita purchase of real goods does not increase, we do not have smart money entering the market and the volume of transactions does not increase, we can not say with hope that the market trend has changed.” In the meantime, it should be noted that the government will sell the bonds by the end of the year due to lack of liquidity.

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