Stock Analysis Last week of April / Does the stock market change direction?

According to Tejarat News, in the past week, the total stock market index experienced a growth of about 3.9 percent and reached the level of 1,512,000 units from the level of 1,454,000 units.

The total homogeneous index increased by about 3.5% from a height of 387,639 units to 401,436 units. The total OTC index, like the other two indices, had a positive trend and increased from 20,247 units to 20,763 units and experienced a growth of 2.5 percent.

On Saturday, the market witnessed the arrival of 370 billion tomans of real liquidity. On Sunday, the inflow and outflow of money was equal, on Monday 127 billion Tomans, on Tuesday 87 billion Tomans and yesterday 104 billion Tomans left the market.

The chemical industry, investments, multidisciplinary industries, food products and financing have seen money in the last five days. Yields on computer products, other mines, the leather industry, multidisciplinary industries and restaurant hotels were also high during the week.

Will the stock market rise?

“It is very difficult to predict the market next week,” Iman Raisi, a capital market expert, told Tejarat News. This is because the index is close to the resistance of 1600 units, and on the other hand, the recent growth of stocks is a position to save the profits of short-term shareholders and oscillators.

He continues: The positive point of the stock exchange is the positive volume of transactions. If this volume reaches above 9, it will exceed its previous ceiling.

“The stock market needs to move money between different groups,” explains the capital market expert. Next week, the homogeneity index, which is slightly behind the overall index, can improve its situation. Also, small symbols that have fundamental potential and lag behind market growth can be considered by the market.