Stagnation of transactions in the shadow of damage to the trust of shareholders – Tejaratnews

According to Tejarat News, the monthly capital market report in September was published today. The beginning of September this year, for the people of the capital market, is a reminder of the temporary return of the index from its downward trend. The stock market moved in a positive direction in the first month and a half of the year under the influence of the upward trend that started last year. However, the increase in the rate of petrochemicals, which was corrected later, marked the deep correction process of the market.

By correcting the feed rate and also approving the stability of this rate in the years of the 7th development plan document, the market recorded a turning point at the beginning of September. The total index of the stock market was at the height of one million and 938 thousand units at the beginning of September. The growth of the first two weeks of this month accounted for the majority of the increase of 9.44% this month. It is worth mentioning that the main thermometer of the glass hall was placed at a height of one million two million and 121 thousand units on the 31st of Shahrivar.

On the other hand, the equal weight index, which shows the general price trend of small and medium-sized companies, experienced similar conditions. This indicator went from the range of 663 thousand units at the beginning of September to the height of 721 thousand units on the last trading day of September and experienced a growth of 8.83%.

The positive generality of the market in September is also true for the total OTC index. Of course, it should be noted that over-the-counter stocks had a smaller share of market growth. The main OTC index experienced a growth of 5.77%, which is far lower than the total index and the equal weighted growth index.

The growth of stock markets in September

The market value of Tehran Stock Exchange experienced a growth of 8.83% last September. The market value on the last day of August was seven million 15 thousand 585 billion tomans. During September this year, this amount increased to 7,635,362 billion tomans. In total, the value of the capital market, including the Tehran Stock Exchange, the Iran Stock Exchange, the Energy Exchange and the Commodity Exchange, increased by more than seven million billion Tomans, equivalent to 7.56% compared to August.

decrease in the value of transactions; A manifestation of the mistrust of the people of the market

With the beginning of Shahrivar, however, there was a turning point in the process of displaying the glass hall. Although this trend was temporary, it caused some shareholders to return to the market. However, the lost confidence of the shareholders, which the experts had warned, caused the value of the transactions to register an even noticeable decrease. The information published by the stock exchange organization also confirms this issue. Based on this, the value of transactions in September was about 12 thousand 931 billion Rials, which has decreased by 19.9% ​​compared to the previous month.

Looking at the graph of the value of transactions in monthly format, it clearly shows the successive decrease in the value of transactions (except for the slight increase of this index in August compared to July) since May of this year.

Read more reports on the capital market page.